Problem

Portfolio Expected Return You have $10,000 to invest in a stock portfolio. Your choices ar...

Portfolio Expected Return You have $10,000 to invest in a stock portfolio. Your choices are stock X with an expected return of 16 percent and stock Y with an expected return of 10 percent. If your goal is to create a portfolio with an expected return of 12.9 percent, how much money will you invest in stock X ? In stock Y ?

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