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  3. you have $30,000 to invest in a stock portfolio. y

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

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Finance

You have $30,000 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 7 percent. If your goal is to create a portfolio 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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