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If you have $1,000,000 inherited money. Base on the knowledge you have learned from finance class you decided to invest the money in a diversified
If you have $1,000,000 inherited money. Base on the knowledge you have learned from finance class you decided to invest the money in a diversified portfolio. This is how you diversified your portfolio; Invested $220,000 in real estate with an expected return of 7%, and invested $330,000 in stock market with an expected return of 11%, and invested $250,000 in a Bond market with expected return of 5%, and invested $200,000 in local business with expected return of 20%. Calculate the expected return of your portfolio?
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