Question: You have $ 2 8 8 , 9 8 1 to invest in a stock portfolio ( this amount is your original wealth ) .
You have $ to invest in a stock portfolio this amount is your original wealth Your choices are Stock H with an expected return of percent, and Stock L with an expected return of percent. Legal constraints require you to invest at least $ in stock L If your goal is to create a portfolio with an expected return of percent on your original wealth, what is the minimum amount you must borrow and subsequently repay at the risk free rate of percent to achieve your goal? Answer in $ to two decimals.
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