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Assume that on January 1, 2017, you have a portfolio composed of 2 shares, in which 60% of the portfolio is invested in stocks of
Assume that on January 1, 2017, you have a portfolio composed of 2 shares, in which 60% of the portfolio is invested in stocks of company A, and 40% on stocks of company B. The stocks of company A have an historical annual growth rate of 15%, whereas the stocks of company B have an historical annual growth rate of 5%. What will be the cumulative return (total return) of your portfolio after 3 years? Round your answer to the nearest tenth of a percent (e.g., 33.3%).
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