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During the past year, the rates of return of the following investment vehicles were as follows: Bonds fund 3% Canadian equity fund 5% US equity
During the past year, the rates of return of the following investment vehicles were as follows: Bonds fund 3% Canadian equity fund 5% US equity fund 9% Money markets -1% Nandita has a portfolio consisting of 15% in Bonds fund, 15% Canadian equity fund, 36% US equity fund, and the rest in money markets. Determine the overall return rate on her investments
. a. 4.10%
b. 4.25%
c. 1.04%
d. 4.70%
e. 4.82%
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