Mariam owns 30 shares of Stock X which has a price of $340 per share and 80 shares of Stock Y which has a price of $3500 per share. What is the proportion of Mariam’s portfolio invested in stocks X and Y? If stock X's return is 10 percent and stock Y's return is 20 percent what is the portfolio's return?
Mariam owns 30 shares of Stock X which has a price of $340 per share and 80 shares of Stock Y which has a price of $3500 per share. What is the proportion of Mariam’s portfolio invested in stocks X and Y? If stock X's return is 10 percent and stock Y's return is 20 percent what is the portfolio's return?
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
Problem 1PS
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Mariam owns 30 shares of Stock X which has a price of $340 per share and 80 shares of Stock Y which has a price of $3500 per share. What is the proportion of Mariam’s portfolio invested in stocks X and Y? If stock X's return is 10 percent and stock Y's return is 20 percent what is the portfolio's return?
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