What dollar amount will invest in each stock to achieve

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Problem 1: You are constructing a two stock portfolio based on the information provided below. What dollar amount will you invest in each stock to achieve the desired return goal?

                                              Stock X            Stock Y
Expected Return               14.0%                  9.0%

Goal Return of Portfolio: 10.00%
Dollar Amount to Invest: $20,000

Reference no: EM132982878

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