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You have $21,600 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock y with
You have $21,600 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock y with an expected return of 8 percent. Your goal is to create a portfolio with an expected return of 12.5 percent. All money must be invested. How much will you invest in Stock X? Please type your answer in the box below
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