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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
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 11.9 percent, how much money will you invest in Stock X? |
(Click to select)$17,915$16,209$52,062$17,062$17,744 |
(b) | If your goal is to create a portfolio with an expected return of 11.9 percent, how much money will you invest in Stock Y? |
(Click to select)$17,938$17,220$18,656$17,041$18,835 |
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