How much money will you invest in stock x and stock y

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You have $18,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 14 percent and Stock Y with an expected return of 11 percent. Assume your goal is to create a portfolio with an expected return of 12.45 percent. Required: How much money will you invest in Stock X and Stock Y?

Reference no: EM13269357

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