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You have $35,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 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 14 percent and Stock Y with an expected return of 9 percent. |
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(a) | If your goal is to create a portfolio with an expected return of 12.3 percent, how much money will you invest in Stock X? |
(Click to select)$21,945$24,024$23,100$86,100$24,255 |
(b) | If your goal is to create a portfolio with an expected return of 12.3 percent, how much money will you invest in Stock Y? |
(Click to select)$11,900$11,424$12,495$11,305$12,376 |
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