Question

Question 49 (Mandatory) (0.5 points) At the beginning of the month, you owned $8,000 of Company G, $8,000 of Company S, and $3,000 of Company N. The monthly returns for Company G, Company S, and Company N were 7.80 percent, 1.50 percent, and -0.75 percent. What is your portfolio return? 3.80 percent 0 2.85 percent 0 4.03 percent 0 8.55 percent

Answer 1

Question 49

Company	Investment ($)	Return(%)	Working	Portfolio Return (%)
G	8,000	7.8	(8,000/19,000)*7.8	3.28
S	8,000	1.5	(8,000/19,000)*1.5	0.63
N	3,000	-0.75	(3,000/19,000)*(-0.75)	(0.12)
	19,000		Total	3.80

Therefore,

Portfolio Return = 3.80%

Option A is correct

Question 50

Dollar Return = (18.89 + 2.57 - 25) * 650

= - $ 2,301

Percent Return = [(18.89 + 2.57 - 25) / 25] * 100

= -14.16%

Option A is correct