Question

You have $59,000. You put 24% of your money in a stock with an expected return of 13%, $37,000 in a stock with an expected re

0 0
Add a comment Improve this question Transcribed image text
Answer #1
Investment Respective Return
(59000*24%)=$14160 13%
37000 16%
(59000-(14160+37000)=$7840 19%

Portfolio return=Respective Investment Weight*Respective Return

=(14160/59000*13)+(37000/59000*16)+(7840/59000*19)

=15.68%(Approx).

Add a comment
Know the answer?
Add Answer to:
You have $59,000. You put 24% of your money in a stock with an expected return...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT