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A B C D The price of Microsoft is $35 per share and that of Apple is $55 per share. The price of Microsoft increases
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The price of Microsoft is $35 per share and that of Apple is $55 per share. The price of Microsoft increases to $37 per share after one year and to $40 after two years. Also, shares of Apple increase to $67 after one year and to $72 after two years. If your portfolio comprises 100 shares of each security, what is your portfolio return in year 1 and year 2? Assume no dividends are paid. 17.89%, 13.85% 18.67%, 11.54% 15.56%, 7.69% 22.56%, 8.46%Step by Step Solution
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