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You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 13.4 percent, and Stock L, with
You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 13.4 percent, and Stock L, with an expected return of 10.2 percent. If your goal is to create a portfolio with an expected return of 11.3 percent, how much money will you invest in Stock H? In Stock L? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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