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You have $40,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with

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You have $40,000 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 7 percent. If your goal is to create a portfolio with an expected return of 10.6 percent, Required: (a) How much money will you invest in Stock X ? (b) How much money will you invest in Stock Y

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