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You have $20,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with

You have $20,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with an expected return of 8 percent. Your goal is to create a portfolio with an expected return of 11.9 percent.

How much money will you invest in stock x? In stock y?

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