You have 29000 to invest in a stock portfolio how much, Financial Management

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You have 29000 to invest in a stock portfolio how much

You have $29,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12 percent and Stock Y with an expected return of 9.5 percent. If your goal is to create a portfolio with an expected return of 11.25 percent, how much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations. Round your answer to the nearest dollar, e.g., 32.) Amount invested Stock X $ Stock Y $

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Financial Management: You have 29000 to invest in a stock portfolio how much

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