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.

Required:

(a)	If your goal is to create a portfolio with an expected return of 10.3 percent, how much money will you invest in Stock X?
	(Click to select) $10,464 $9,559 $10,565 $45,062 $10,062

(b)	If your goal is to create a portfolio with an expected return of 10.3 percent, how much money will you invest in Stock Y?
	(Click to select) $23,940 $23,691 $25,936 $26,185 $24,938