Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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You have $261,000 to invest in a stock portfolio. Your choices are Stock
H, with an expected return of 14.1 percent, and Stock L, with an expected
return of 11.2 percent. If your goal is to create a portfolio with an expected
return of 12.55 percent, how much money will you invest in Stock H and
in Stock L?
Note: Do not round intermediate calculations and round your answers
to 2 decimal places, e.g., 32.16.
Investment in Stock H
Investment in Stock L
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Transcribed Image Text:You have $261,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 14.1 percent, and Stock L, with an expected return of 11.2 percent. If your goal is to create a portfolio with an expected return of 12.55 percent, how much money will you invest in Stock H and in Stock L? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Investment in Stock H Investment in Stock L
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