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You have $300,000 to invest in a portfolio containing Stock X and Stock Y . Your goal is to create a portfolio that has an

You have $300,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 10.45 percent. Stock X has an expected return of 9.84 percent and a beta of 1.24, and Stock Y has an expected return of 7.08 percent and a beta of .78

1. How much money will you invest in stock Y?

2. What is the beta of your Portfolio?

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