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9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?

9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?
Transcribed Image Text:9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?
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