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You have $24,000 to invest in a stock portfolio. Your choice are stock X with an unexpected return of 13 percent and stock Y with
You have $24,000 to invest in a stock portfolio. Your choice are stock X with an unexpected return of 13 percent and stock Y with an expected return of 12 percent. If your goal is to create a portfolio with an expected return of 12.65 percent, how much money will you invest in Stock X and stock Y?
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