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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 19,000.00
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