Approved-online-essay-writers

create a portfolio with an expected return of 12.35 percent.

Order ready-to-submit essays. No Plagiarism Guarantee!

Note: Our papers are 100% human-written, not AI-generated. 

We Write Essays for Students

Tell us about your assignment and we will find the best writer for your paper

Get Help Now!

home / study / questions and answers / business / finance / you have $13000 to invest in a stock po Show more home / study / questions and answers / business / finance / you have $13000 to invest in a stock portfolio. Your question has been answered! Rate it below. Let us know if you got a helpful answer. Question You have $13000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 9 percent. Assume your goal is to home / study / questions and answers / business / finance / you have $13000 to invest in a stock po Show more home / study / questions and answers / business / finance / you have $13000 to invest in a stock portfolio. Your question has been answered! Rate it below. Let us know if you got a helpful answer. Question You have $13000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 15 percent and Stock Y with an expected return of 9 percent. Assume your goal is to create a portfolio with an expected return of 12.35 percent. Required: How much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations.Round your answers to 2 decimal places (e.g. 32.16).) View comments (1) Expert Answer Anonymous answered this 1 hour later Was this answer helpful? 0 0 141 answers Answer: To earn an expected return of 12.35% we must invest as follows; Suppose we invest x% of $ 13000 in Stock X and (1-x)% of $ 13000 in Stock Y; then according to question 9% of 13000x + 15% of 13000 (1-x) = 12.35% of 13000 0.09 x 13000x + 0.15 x (13000 13000x) = 1605.50 1170x + 1950 1950x = 1605.50 x = 0.378205 or 37.8205% to be invested in Stock X and 1 x = 1 0.378205 = 0.621795 or 62.1795% to be invested in Stock Y Hide comments (1) Comments Anonymous posted 1 minute ago Edit Delete This was wrong per my homework. they have x =$7258.33 and Y= $5741.67 I am lost at the part of (13000- 13000x) Then 1950-1950x should that equal zero? I am so lost on this. Please explain futher Show lesst. Required: How much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations.Round your answers to 2 decimal places (e.g. 32.16).) View comments (1) Expert Answer Anonymous answered this 1 hour later Was this answer helpful? 0 0 141 answers Answer: To earn an expected return of 12.35% we must invest as follows; Suppose we invest x% of $ 13000 in Stock X and (1-x)% of $ 13000 in Stock Y; then according to question 9% of 13000x + 15% of 13000 (1-x) = 12.35% of 13000 0.09 x 13000x + 0.15 x (13000 13000x) = 1605.50 1170x + 1950 1950x = 1605.50 x = 0.378205 or 37.8205% to be invested in Stock X and 1 x = 1 0.378205 = 0.621795 or 62.1795% to be invested in Stock Y Hide comments (1) Comments Anonymous posted 1 minute ago Edit Delete This was wrong per my homework. they have x =$7258.33 and Y= $5741.67 I am lost at the part of (13000- 13000x) Then 1950-1950x should that equal zero? I am so lost on this. Please explain futher Show less


 

PLACE THIS ORDER OR A SIMILAR ORDER WITH LITE ESSAYS TODAY AND GET AN AMAZING DISCOUNT

The post create a portfolio with an expected return of 12.35 percent. appeared first on Cheapest Academic Custom Papers.

Welcome to originalessaywriters.com, our friendly and experienced essay writers are available 24/7 to complete all your assignments. We offer high-quality academic essays written from scratch to guarantee top grades to all students. All our papers are 100% plagiarism-free and come with a plagiarism report, upon request

Tell Us “Write My Essay for Me” and Relax! You will get an original essay well before your submission deadline.

PLACE YOUR ORDER