Question: Problem 11-22 Portfolio Expected Return [LO 1] You have $268,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return
Problem 11-22 Portfolio Expected Return [LO 1] You have $268,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.3 percent, and Stock L, with an expected return of 11.9 percent. If your goal is to create a portfolio with an expected return of 12.9 percent, how much money will you invest in Stock Hand in Stock L? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Investment in Stock H Investment in Stock L
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