Your portfolio consists of115 shares of CSH and 75 shares of EJH, which you just bought at $22and $28 per share, respectively. a. What fraction of your portfolio is invested in CSH? In EJH? b. If CSH increases to$24 and EJH decreases to $24,what is the return on your portfolio?
Your portfolio consists of115 shares of CSH and 75 shares of EJH, which you just bought at $22and $28 per share, respectively. a. What fraction of your portfolio is invested in CSH? In EJH? b. If CSH increases to$24 and EJH decreases to $24,what is the return on your portfolio?
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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Your portfolio consists of115 shares of CSH and 75 shares of EJH, which you just bought at
$22and $28 per share, respectively.
a. What fraction of your portfolio is invested in CSH? In EJH?
b. If CSH increases to$24 and EJH decreases to $24,what is the return on your portfolio?
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