You have $15,000 to invest and would like to create a portfolio with an expected return of 10.1 percent. You can invest in Stock K with an expected return of 8.8 percent and Stock L with an expected return of 12.4 percent. How much will you invest in Stock K

$9,583.33

Explanation:

The computation of the amount invested in the stock K is shown below

Let us assume the amount invested in stock K be Y

So according to this, following formula should be used

The Expected return of portfolio × Amount invested = Expected return of K × Amount invested in K + Expected return of L × Amount invested in L

0.101 × $ 15,000 = 0.088 × Y + 0.124 × ( $ 15,000 - Y )

$1,515 = 0.088Y + $ 1,860 - 0.124Y

0.036Y = $ 345

Y = $ 345 ÷ 0.036

= $9,583.33

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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answerreactive approach;