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Cyclone Smith constructed a portfolio consisting of 200 shares of ACC purchased at $210 per share and 500 shares of SEC purchased at $95 per
Cyclone Smith constructed a portfolio consisting of 200 shares of ACC purchased at $210 per share and 500 shares of SEC purchased at $95 per share. One year later, ACC is trading at $185 per share and SEC is trading at $107 per share. During the year, ACC paid a dividend of $5.40 per share and SEC paid a dividend of $3.90 per share. What was the total portfolio % return for Cyclone Smith?
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