Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. you have $12031 to invest in a stock portfolio. yo

You have $12031 to invest in a stock portfolio. Your choices are Stock X with an...

90.2K

Verified Solution

Question

Finance

You have $12031 to invest in a stock portfolio. Your choices areStock X with an expected return of 14.64 percent and Stock Y withan expected return of 8.86 percent. If your goal is to create aportfolio with an expected return of 12.22 percent, how much money(in $) will you invest in Stock X? Answer to two decimals, carryintermediate calcs. to four decimals.

Answer & Explanation Solved by verified expert
4.0 Ratings (448 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

You have $12031 to invest in a stock portfolio. Your choices areStock X with an expected return of 14.64 percent and Stock Y withan expected return of 8.86 percent. If your goal is to create aportfolio with an expected return of 12.22 percent, how much money(in $) will you invest in Stock X? Answer to two decimals, carryintermediate calcs. to four decimals.

Other questions asked by students

Q

Title An electron m confined in a one dimensional well of width L 10 nm...

Physics
Q

D 1 shaped Statement 1 p Hydroxybenzoic Statement 2 o Hydroxybenzoic acid has a lower...

Physics
Q

Use ten iterations of the appropriate MATLAB function, with x^(0)=[0,...,0]', to solve Ax=b (approximately). B) use Gauss-siedel...

Advance Math
Q

Decide whether you can use the normal distribution to approximate the binomial distribution. If you can,...

Basic Math
Q

Which of the following should undergo deamination to contribute to the cellular respiration?fatty acids and...

Biology
Q

Solve 8 sin(?/6 x)=6 for the four smallest positive solutions

Basic Math
Q

4 Given the equation y kx what is the value of x if y 10...

Algebra
Q

1- Marigold Company uses the units-of-activity method in computing depreciation. A new plant asset is...

Accounting
Q

A married couple is not required to file separate gift tax returns when electing gift-splitting...

Accounting
Q

Could you write every detail journal entries? And increase or decrease 28. Which transaction will...

Accounting
Q

The accounting income of Sheridan Corporation and its taxable income for the vears 2023 to...

Accounting
Q

Jack is 55 and has been given the following pension projections for retiring at age...

Finance