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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 $

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M924807

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