finance

Anonymous
timer Asked: Nov 14th, 2013

Question description

 You have \$10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12 percent and Stock Y with an expected return of 9.5 percent. If your goal is to create a portfolio with an expected return of 11.1 percent, how much money will you invest in Stock X and Stock Y?

 Amount invested Stock X \$ Stock Y \$

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