Question
1) You have invested 30 percent of your portfolio in Soda, Inc., 40 percent in GreenGrass Co., and 30 percent in Tanners Construction. What is
1) You have invested 30 percent of your portfolio in Soda, Inc., 40 percent in GreenGrass Co., and 30 percent in Tanners Construction. What is the expected return of the portfolio if Soda, GreenGrass, and Tanners have expected returns of 0.01, 0.18, and 0.01, respectfully?
2) A 6 year old little girl just received a trust fund that will be worth $24,000 when she is 21 years old. If the fund earns 0.10 interest compounded annually what is the value of her fund today? Round to two decimal places.
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
