You have $20,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with an expected return of 12 percent. If your goal is to create a portfolio with an expected return of 11.39 percent, how much money will you invest in Stock X and Stock Y? (Do not round intermediate calculations and round your answer to the nearest dollar, e. g., 32.)

Investment in stock X  $12200

Investment in stock Y  $7800

Explanation:

The portfolio return is made up of individual stock returns multiplied by their weight in the portfolio. Thus, the formula for portfolio return is,

Portfolio Return = Weight of Stock X * rX + Weight of Stock Y * rY

Where rX and rY are returns of stock X and stock Y.

To calclate weight, we plug in numbers in the formula,

Let x be the investment in stock X, then investment in stock Y is 1-x.

0.1139 = x * 0.11 + (1-x) * 0.12

0.1139 = 0.11x + 0.12 - 0.12x

0.1139 - 0.12 = -0.01x

x = -0.0061 / -0.01

x = 0.61

Then 1 - x is 1 -0.61 = 0.39

So investment in stock X is 20000 * 0.61 = $12200

Investment in stock Y is 20000 * 0.39 = $7800

multiculturalism is a particular subject of debate in certain european nations that are associated with the idea of a single nation within their country. critics of multiculturalism may argue against cultural integration of different ethnic and cultural groups to the existing laws and values of the country.

so yes, multiculturalism can (and usually does) result in the host country/continent losing its culture, identity and linguistics, especially due to the raw numbers of demographic transitions.

explanation:

the correct choice is a