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You have $16,800 to invest and would like to create a portfolio with an expected return of 10.9 percent. You can invest in Stock K

You have $16,800 to invest and would like to create a portfolio with an expected return of 10.9 percent. You can invest in Stock K with an expected return of 9.7 percent and Stock L with an expected return of 13.3 percent. How much will you invest in Stock K?

$7,466.67

$10,266.67

$11,200.00

$4,900.00

$5,600.00

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