Question: You have ( $ 1 9 , 8 0 3 ) to invest in a stock portfolio. Your choices are Stock

You have \(\$ 19,803\) to invest in a stock portfolio. Your choices are Stock \( X \) with an expected return of 14.94 percent and Stock \( Y \) with an expected return of 8.62 percent. If your goal is to create a portfolio with an expected return of 11.53 percent, how much money (in \(\$ \)) will you invest in Stock X? Answer to two decimals, carry intermediate calcs. to four decimals.
You have \ ( \ $ 1 9 , 8 0 3 \ ) to invest in a

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