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You have $1.6 million and are looking for a 8.7% expected return on your portfolio, which will include two Stocks, A and B. The expected
You have $1.6 million and are looking for a 8.7% expected return on your portfolio, which will include two Stocks, A and B. The expected returns of Stock A and Stock B are 10.1% and 7.6% respectively. How many dollars should you invest in Stock B to achieve your 8.7% expected return? Please enter your answer to the nearest dollar, with no dollar signs, commas, or decimal places. For example, $672,564.31 should be entered as 672564
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