You have $250,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 11.53 percent. Stock X has an expected return of 10.84 percent and a beta of 1.22 and Stock Y has an expected return of 7.62 percent and a beta of .76.

How much money will you invest in Stock Y? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the beta of your portfolio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

The answer is NOT 56,998 investment in stock Y

Also, it is NOT 1.11 for Portfolio Beta

Please provide me with the correct solution. THANK YOU!