You have $19,000 to invest in a stock portfolio. Your choices are Stock X with a
ID: 2653086 • Letter: Y
Question
You have $19,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12 percent and Stock Y with an expected return of 11.5 percent. If your goal is to create a portfolio with an expected return of 11.80 percent, how much money will you invest in Stock X and Stock Y?
You have $19,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 12 percent and Stock Y with an expected return of 11.5 percent. If your goal is to create a portfolio with an expected return of 11.80 percent, how much money will you invest in Stock X and Stock Y?
Explanation / Answer
Ans
Stock X 11,400.00 Stock Y 7,600.00 Total 19,000.00Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.