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i have a question and not sure how to solve it.

Question # 00081457
Subject: Economics
Due on: 08/10/2015
Posted On: 07/11/2015 04:58 AM

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hi there. i have a question and not sure how to solve it. Would you please explain step by step how to calculate. thanks a lot.


You have $10,000 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 13 percent. Your goal is to create a portfolio with an expected return of 14.5 percent.

a) How much money should you invest in Stock X?
Stock X = $


b) How much money should you invest in Stock Y?
Stock Y = $

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. i have a question and not sure how to solve it.

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