4. Flit Cramer owns a portfolio of common stocks that was worth $150,000 at the beginning of...
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4. Flit Cramer owns a portfolio of common stocks that was worth $150,000 at the beginning of the year. At the end of the year, Flit's portfolio was worth $162,000.
What was the return on the portfolio during the year?
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Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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