You have $15,000 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 6 percent.
required: (a) if your goal is to create a portfolio with an expected return of 10.1 percent, how much money will you invest in stock x?
(b) if your goal is to create a portfolio with an expected return of 10.1 percent, how much money will you invest in stock y?