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You have $25,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with

You have $25,000 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 7 percent.

Required:
(a)

If your goal is to create a portfolio with an expected return of 10.8 percent, how much money will you invest in Stock X?

(Click to select)$14,250$14,114$12,892$38,571$13,571

(b)

If your goal is to create a portfolio with an expected return of 10.8 percent, how much money will you invest in Stock Y?

(Click to select)$12,000$11,429$11,886$10,972$10,858

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