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John has a Portfolio of $17,000 to invest. He invested $3,500 in Firm A. He invested $7,000 in Firm B. He invested $6,500 in
John has a Portfolio of $17,000 to invest. He invested $3,500 in Firm A. He invested $7,000 in Firm B. He invested $6,500 in Firm C. The ROI for Firms A, B, and C are 12%, 16%, and 10%, respectively. What is the return on investment on John's Portfolio? Portfolio Return (Wt-Average) 12.88%
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Microeconomics Theory and Applications
Authors: Edgar K. Browning, Mark A. Zupan
12th edition
9781118920060, 1118758870, 1118920066, 978-1118758878
