You have 12000 to invest in a stock portfolio your choices


You have $12,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 10 percent. Assume your goal is to create a portfolio with an expected return of 12.30 percent.

Required:

How much money will you invest in Stock X and Stock Y?

 

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Finance Basics: You have 12000 to invest in a stock portfolio your choices
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