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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 12.85 percent. Stock X has an expected return of 10.69 percent and a beta of 1.26, and Stock Y has an expected return of 7.83 percent and a beta of .82. How much money will you invest in stock X? & What is the beta of your portfolio?

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