You want to invest $47000 in a portfolio with a beta of no more than 1.51 and an expected return of 15.5%. Bay Corporation has a beta of 0.89 and an expected return of 10.4%, and City Limited has a beta of 1.85 and an expected return of 18.37%. Therisk-free rate is 3%.

Is it possible to create the portfolio investing in Bay Corporation and CityLimited?

A. Yes

B. No

C. Can't determine

In BayCorporation, you should invest $ ............................ (Round to the nearestcent.)

In CityLimited, you should invest $ ............................ (Round to the nearestcent.)