You want to invest $43,000 in a portfolio with a beta of no more than 1.59 and an expected return of 14.1%. Bay Corp. has a beta of 0.91 and an expected return of 10.2%, and City Inc. has a beta of 1.7 and an expected return of 14.71%. The risk-free rate is 5%. Is it possible to create this portfolio investing in Bay Corp. and City Inc.? If so, how much will you invest in each?

Is it possible to create this portfolio investing in Bay Corp. and City Inc.?

Part 2

In Bay Corp., you should invest

$ (Round to the nearest cent.)

Part 3

In City Inc., you should invest

$ (Round to the nearest cent.)