You want to invest $43,000 in a portfolio with a beta of no mor than 1.35 and an expected return of 0.1496%. Bay Corp. has beta of 0.83 and an expected return of 10.37%, and City Inc. has a beta of 1.82 and an expected return of 19.10%. The risk-free rate is 3.05%. You can invest in Bay Corp. and City Inc. How much will you invest in each? You want to invest $43,000 in a portfolio with a beta of no more than 1.35 and an expected return of 0.1496%. Bay Corp. has a beta of 0.83 and an expected return of 10.37%, and City Inc. has a beta of 1.82 and an expected return of 19.10%. The risk-free rate is 3.05%. You can invest in Bay Corp. and City Inc. How much will you invest in each? In Bay Corp., you should invest \$ (Round to the nearest cent.)