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Consider the following annual closing prices of stock A and stock B. A B 1 Date Year 1 Stock A Prices (in $) Stock B

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Consider the following annual closing prices of stock A and stock B. A B 1 Date Year 1 Stock A Prices (in $) Stock B Prices (in $) 119 429 2 3 Year 2 71 417 4 Year 3 73 395 5 Year 111 458 6 Year 5 94 399 7 Year 6 189 488 8 Year 97 345 347 9 Year 8 85 182 9 405 18 Year 11 Year 10 139 458 12 Year 11 105 449 13 Year 12 59 384 13 106 469 14 Year 15 Year 14 94 425 15 84 286 16 Year 17 1B If you had invested 25 percent of your total investment on stock A and 75 percent on stock B at the beginning of the period, what would be the historical mean of the portfolio consisting of these two stocks? 0 -0.23 % 0 -0.08 % -0.37 % 0 -0.3%

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