M Final Review Extra Credit x CChegg Study I Guided Sc x C ezt com o.mheducation

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M Final Review Extra Credit x CChegg Study I Guided Sc x C ezt com o.mheducation /hm.tpx M McGraw-Hill Connect My Lab & M Lesson 5 Bookmarks BMGT 481W aste rin. BFIN 300 Financial Management FA15: FA15 FINANCE Final Review Extra Credit K Question 14 (of 15) 14 66 points You have $10,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 13 percent and Stock Y with an expected return of 7 percent. Required: (a) If your goal is to create a portfolio with an expected return of 12.4 percent, how much money will you invest in Stock X? Click to selec (b) invest in Stock Y? a portfolio with an expected return of 12.4 percent, how much money will you your goal is to create Click to selec References eBook & Resources Worksheet Learning Objective: 13-01 How to calculate expected returns Windows OD Seong Ny Seong Nye on Kim instructions l help Save & Exit 7.27 2015-12-06

Explanation / Answer

Wx×13%+Wy×7% = 12.4%

0.13×Wx+0.07-0.07×Wx = 0.124

Wx = 0.9

Wy = 0.1

Investment in X = $9,000

Investment in Y = $1,000

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