You have $35,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 16 percent and Stock Y with an expected return of 8 percent. If your goal is to create a portfolio with an expected return of 11.7 percent, how much money will you invest in Stock X?

If your goal is to create a portfolio with an expected return of 11.7 percent, how much money will you invest in Stock Y?