You have $20000 to invest in a stock portfolio. your choices are stock X with an expected return of 20% and Stock Y with an expected return of 12%. If your goal is to create a portfolio with an expected return of 16.8%, how much money will you invest in stock X? in Stock Y
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Risk and Return
60% (i.e. $12000) in X and 40% (i.e. 8000) in Y.
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