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Your parents have given you AUD 20,000 to invest in the share market. After doing some research, you have narrowed down your choices to two
Your parents have given you AUD 20,000 to invest in the share market. After doing some research, you have narrowed down your choices to two stocks: Woolworth and Coles. The expected return on Woolworth stock is 15%, and the expected return on Coles stock is 10%. If you want to create a portfolio of these two stocks that has an expected return of 12%, how much money will you have to invest in Woolworth and Coles?
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