You have 20000 to invest in a stock portfolio your choices, Finance Basics

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You have 20000 to invest in a stock portfolio your choices

Question: You have $20,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with an expected return of 8 percent. (a) If your goal is to create a portfolio with an expected return of 12.2 percent, how much money will you invest in Stock X? (b) If your goal is to create a portfolio with an expected return of 12.2 percent, how much money will you invest in Stock Y?

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Finance Basics: You have 20000 to invest in a stock portfolio your choices

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