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You have $8,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with an expected return of...
You have $8,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13percent and Stock Y with an expected return of 9 percent. Your goal is to create a portfolio with anexpected return of 11.5 percent.a) How much money should you invest in Stock X?