You have $35,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 8 percent.

Required:

(a)	If your goal is to create a portfolio with an expected return of 11.1 percent, how much money will you invest in Stock X?
	(Click to select)$55,500$15,500$16,275$16,120$14,725

(b)	If your goal is to create a portfolio with an expected return of 11.1 percent, how much money will you invest in Stock Y?
	(Click to select)$20,475$18,720$19,500$18,525$20,280