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You have $254,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.4 percent, and Stock L, with
You have $254,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.4 percent, and Stock L, with an expected return of 10.5 percent. |
Required: |
If your goal is to create a portfolio with an expected return of 12.2 percent, how much money will you invest in Stock H and in Stock L? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
Investment in Stock H | $ |
Investment in Stock L | $ |
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