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You have 16738 to invest in a stock portfolio how much


You have $16738 to invest in a stock portfolio. Your choices are Stock X with an expected return of 17 percent and Stock Y with an expected return of 5 percent. If your goal is to create a portfolio with an expected return of 11.15, how much money will you invest in Stock X?

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Financial Management: You have 16738 to invest in a stock portfolio how much
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