QuickHelper

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About QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Business & Finance Posted 05 Jun 2017 My Price 5.00

You have $25,000 to invest in a stock portfolio

Question description

 

 

You have $25,000 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 11.5 percent. If your goal is to create a portfolio with an expected return of 13.15 percent, how much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations. Round your answer to the nearest dollar, e.g., 32.)
 

Amount invested

 Stock X

$ 

 Stock Y

$ 

Answers

QuickHelper
(10)
Status NEW Posted 05 Jun 2017 01:06 PM My Price 5.00

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