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You want to invest $43,000 in a portfolio with a beta of no more than 1.54 and an expected return of 0.1389%. Bay Corp has
You want to invest $43,000 in a portfolio with a beta of no more than 1.54 and an expected return of 0.1389%. Bay Corp has a beta of 0.99 and an expected return of 10.29%, and City Inc has a beta of 1.77 and an expected return of 15.40%. The risk-free rate is 3.82%. 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)
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