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Business, 11.03.2020 02:12 083055

You have $130,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 14.6 percent. Stock X has an expected return of 12.8 percent and a beta of 1.30, and Stock Y has an expected return of 7.8 percent and a beta of 1.05.How much money will you invest in stock Y?What is the beta of your portfolio?

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