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You have $264,000 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 $264,000 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 11.5 percent.If your goal is to create portfolio with an expected return of 12.7 percent, how much money will you invest in Stock H and in Stock L?(Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Investment in Stock H_________?
Investment in Stock L_________?
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