You would like to invest $30,000 and have a portfolio expected return of 14 percent. You are considering two securities, OO and XX. OO has an expected return of 10 percent and XX has an expected return of 20 percent. How much should you invest in stock OO if you invest the balance in stock XX to achieve the 16 percent portfolio return?

Group of answer choices

$18,000

$20,000

$10,000

$12,000