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You have $209,774 lo invest in a stock porfolia (this amount is your original wealth). Your choices are Stock H, with an expected return of
You have $209,774 lo invest in a stock porfolia (this amount is your original wealth). Your choices are Stock H, with an expected return of 15.7 percent, and Stock L, with an expected return of 9.13 percent. Legal constraints require you to invest at lost $47.980 in stock L. If your goal is to create a portfolio with an expected return of 21.86 percent on your original wealth, what is the minimum amount you must borrow and subsequently reparat the risk free rate of 402 percent to achieve your goal? Answer in to two decimals
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