Question: Hello- I am a little lost here can you help me with this question You have $13,000 to invest in a stock portfolio. Your choices
Hello- I am a little lost here can you help me with this question
You have $13,000 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 8.5 percent. If your goal is to create a portfolio with an expected return of 10.39 percent, how much money will you invest in Stock X and Stock Y?(Do not round intermediate calculations. Round your answer to the nearest dollar, e.g., 32.)
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