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

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Reference no: EM131912920

You have $12,000 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 10 percent.

Assume your goal is to create a portfolio with an expected return of 12.30 percent.

How much money will you invest in Stock X and Stock Y?

(Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Reference no: EM131912920

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