You have $30,000 to invest in a stock portfolio. Your choices are Stock X with an...

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Finance

You have $30,000 to invest in a stock portfolio. Your choicesare Stock X with an expected return of 14 percent and Stock Y withan expected return of 7 percent. If your goal is to create aportfolio with an expected return of 11.1 percent,
A) How much money will you invest in Stock X?
A) $47,571
B) $16,692
C) $17,571
D) $18,450
E) $18,274
B) How much money will you invest in Stock Y?
A) $11,932
B) $13,050
C) $12,429
D) $12,926
E) $11,808

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Answer to question A Option C is correct Answer to question B Option C is correct Explanation Percentage of amount invested in stock XExpected return of stock See Answer

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You have $30,000 to invest in a stock portfolio. Your choicesare Stock X with an expected return of 14 percent and Stock Y withan expected return of 7 percent. If your goal is to create aportfolio with an expected return of 11.1 percent,A) How much money will you invest in Stock X?A) $47,571B) $16,692C) $17,571D) $18,450E) $18,274B) How much money will you invest in Stock Y?A) $11,932B) $13,050C) $12,429D) $12,926E) $11,808