You want to invest $46,000 in a portfolio with a beta of no more than 1.54 and an expected return of

12.5%. Bay Corp. has a beta of 1.22 and an expected return of 10.9%, and City Inc. has a beta of

1.78 and an expected return of 13.62%. The risk-free rate is 5%. You can invest in Bay Corp. and City Inc. How much will you invest in each?