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You have $150,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected
You have $150,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 13.45 percent. Stock X has an expected return of 12.06 percent and a beta of 1.46, and Stock Y has an expected return of 8.22 percent and a beta of .82.
| How much money will you invest in stock Y?
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