You have 251000 to invest in a stock portfolio your choices


You have $251,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.1 percent, and Stock L, with an expected return of 10.2 percent.

Required:

If your goal is to create a portfolio with an expected return of 12.05 percent, how much money will you invest in Stock H and in Stock L? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

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Financial Management: You have 251000 to invest in a stock portfolio your choices
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