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You have $10636 to invest in a stock portfolio. Your choices are Stock X with an...

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Finance

You have $10636 to invest in a stock portfolio. Your choices areStock X with an expected return of 13.35 percent and Stock Y withan expected return of 10.69 percent. If your goal is to create aportfolio with an expected return of 11.81 percent, how much money(in $) will you invest in Stock X? Answer to two decimals, carryintermediate calcs. to four decimals.

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3.9 Ratings (386 Votes)
Expected return of portfolio W1 x r1 W2 x r2 Wn x rn W 1 W2 W n Weight of stock 1 2 n etc r 1 r 2 r n Return    See Answer
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You have $10636 to invest in a stock portfolio. Your choices areStock X with an expected return of 13.35 percent and Stock Y withan expected return of 10.69 percent. If your goal is to create aportfolio with an expected return of 11.81 percent, how much money(in $) will you invest in Stock X? Answer to two decimals, carryintermediate calcs. to four decimals.

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