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You would like to invest $30,000 and have a portfolio expected return of 14 percent. You are considering two securities, OO and QQ. OO has
You would like to invest $30,000 and have a portfolio expected return of 14 percent. You are considering two securities, OO and QQ. OO has an expected return of 10 percent and QQ has an expected return of 20 percent. How much should you invest in stock OO and the rest of the balance in stock QQ to achieve the 14 percent portfolio return? $18,000$12,000$10,000$20,000
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