Question: Problem 1 1 - 4 Portfolio Expected Return [ LO 1 ] You have $ 1 8 , 0 0 0 to invest in a

Problem 11-4 Portfolio Expected Return [LO 1]
You have $18,000 to invest in a stock portfolio. Your choices are Stock x with an expected return of 14 percent and Stock Y with an expected return of 11 percent. Assume your goal is to create a portfolio with an expected return of 12.45 percent. How much money will you invest in Stock x and Stock Y?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
\table[[Investment in Stock x
 Problem 11-4 Portfolio Expected Return [LO 1] You have $18,000 to

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