Question
a.Your portfolio consists of 85 shares of CSH and 60 shares of EJH, which you just bought at $22 and $29 per share, respectively. a.
a.Your portfolio consists of 85 shares of CSH and 60 shares of EJH, which you just bought at $22 and $29 per share, respectively.
a. What fraction of your portfolio is invested in CSH? In EJH? The fraction invested in CSH is ____%.
b. If CSH increases to $25 and EJH decreases to $26, what is the return on your portfolio?
b. Ten annual returns are listed in the following table:
19.8% | 16.5% | 17.7% | 49.5% | 43.4% | 1.9% | 16.6% | 46.2% | 45.3% | 3.4% |
a. What is the arithmetic average return over the 10-year period?
b. What is the geometric average return over the 10-year period?
c. If you invested $100 at the beginning, how much would you have at the end?
a. What is the arithmetic average return over the 10-year period?
The arithmetic average return over the 10-year period is _____ (Round to four decimal places)
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