Create portfolio with an expected return

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Reference no: EM131900020

You have $255,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14 percent, and Stock L, with an expected return of 10.6 percent.

If your goal is to create a portfolio with an expected return of 12.25 percent, how much money will you invest in Stock H and in Stock L? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Investment in Stock H:

Investment in Stock L:

Reference no: EM131900020

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