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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

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 10.35 percent. Stock X has an expected return of 9.54 percent and a beta of 1.24, and Stock Y has an expected return of 6.42 percent and a beta of .72.

How much money will you invest in Stock Y?

What is the beta of your portfolio?

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