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You would like to invest $20,000 and have a portfolio expected return of 16 percent. You are considering two securities, V and W. V has
You would like to invest $20,000 and have a portfolio expected return of 16 percent. You are considering two securities, V and W. V has an expected return of 20 percent and W has an expected return of 10 percent. How much should you invest in stock V if you invest the balance in stock W to achieve the 16 percent portfolio return? $12,000 $16,500 $10,250 $14,000
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