You have $$116,000$ to invest in a portfolio containing Stock X and Stock Y$.$ Your goal is to create a portfolio that has an expected return of $17\mathrm{.}8$ percent. Stock X has an expected return of $13\mathrm{.}4$ percent and a beta of $1\mathrm{.}30,$ and Stock Y has an expected return of $7\mathrm{.}9$ percent and a beta of $\mathrm{.}80.$

a$.$ How much money will you invest in Stock Y$?($Do not round intermediate calculations. A negative answer should be indicated by a minus sign.$)$

b$.$ What is the beta of your portfolio? $($Do not round intermediate calculations and round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$You have $$116,000$ to invest in a portfolio containing Stock $x$ and Stock Y$.$ Your goal is to

create a portfolio that has an expected return of $17\mathrm{.}8$ percent. Stock $x$ has an expected

return of $13\mathrm{.}4$ percent and a beta of $1\mathrm{.}30,$ and Stock $Y$ has an expected return of $7\mathrm{.}9$

percent and a beta of $80.$

a$.$ How much money will you invest in Stock Y$?($Do not round intermediate

calculations. A negative answer should be indicated by a minus sign.$)$

b$.$ What is the beta of your portfolio? $($Do not round intermediate calculations and

round your answer to $3$ decimal places, e$.$g$.,32\mathrm{.}161.)$

a$.$ Investment in Stock $Y$

b$.$ Portfolio beta