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You have $25,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 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 13 percent and Stock Y with an expected return of 6 percent. |
Required: |
(a) | If your goal is to create a portfolio with an expected return of 11.4 percent, how much money will you invest in Stock X? |
(Click to select)$40,714$18,322$20,250$19,286$20,057 |
(b) | If your goal is to create a portfolio with an expected return of 11.4 percent, how much money will you invest in Stock Y? |
(Click to select)$5,943$5,714$5,428$5,485$6,000 |
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