Portfolio Expected Return $[$LO$1]$ You own a portfolio that is $35$ percent invested in Stock X$,20$ percent in Stock Y$,$ and $45$ percent in Stock Z$.$ The expected returns on these three stocks are $8$ percent, $16$ percent, and $11$ percent, respectively. What i the expected return on the portfolio?

Portfolio Expected Return $[$LO$1]$ You have $$10,000$ to invest in a stock portfolio. Your choices are Stock X with an expected return of $11\mathrm{.}5$ percent and Stock with an expected return of $9\mathrm{.}4$ percent. If your goal is to create a portfolio with an expected return of $10\mathrm{.}85$ percent, how much money will you invest in Stock X$?$ In Stock Y$?$