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You have $30,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with

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You have $30,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 8 percent. If your goal is to create a portfolio with an expected return of 12.3 percent, how much money will you invest in Stock X? If your goal is to create a portfolio with an expected return of 12.3 percent, how much money will you invest in Stock Y? You own a portfolio that has $1,600 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks are 12 percent and 16 percent, respectively, what is the expected return on the portfolio? Multiple Choice 14.96% 15.40% 14.00% 13.33% 14.67%

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