Calculating invested amount, Finance Basics

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Calculating invested amount

You have $22,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with an expected return of 13.0 percent. If your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in Stock X and Stock Y?

Amount invested
- Stock X $
- Stock Y $

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Finance Basics: Calculating invested amount

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Finance Basics: Calculating invested amount

Reference No:- TGS024807

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Recent Questions Asked Finance Basics

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Ask an Expert for Answer!!

Finance Basics: Calculating invested amount

Reference No:- TGS024807

Recent Questions Asked Finance Basics

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