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Accounting Homework Help
Accounting Homework Help
You have $19,000 to invest in a stock portfolio. Your choicesare Stock X with an expected return of 12 percent and Stock Y withan expected return of 11.5 percent. If your goal is to create aportfolio with an expected return of 11.8 percent, how much moneywill you invest in Stock X and Stock Y? (Do not round intermediatecalculations. Round your answer to the nearest dollar, e.g., 32.)Amount invested Stock X $ Stock Y $
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16 Oct 2017
Due Date: 16 Oct 2017
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