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You have a total of RM21,600 to put into a stock portfolio. Stock X, with an estimated return of 14.3%, and Stock Y, with an
You have a total of RM21,600 to put into a stock portfolio. Stock X, with an estimated return of 14.3%, and Stock Y, with an expected return of 8.1 percent, are your options. Your objective is to build a portfolio with a 12.5 percent predicted return. All funds must be put to use. How much money will you invest in Stock X?
A) $15,800
B) $18,273
C) $14,600
D) $15,329
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