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You have $17,000 to invest and would like to create a portfolio with an expected return of 10.95 percent. You can invest in Stock K

You have $17,000 to invest and would like to create a portfolio with an expected return of 10.95 percent. You can invest in Stock K with an expected return of 9.8 percent and Stock L with an expected return of 13.4 percent. How much will you invest in Stock K?

Multiple Choice

  • $11,569.44

  • $7,240.74

  • $4,751.74

  • $10,605.32

  • $5,430.56

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