Question
Laurel Wilson has a portfolio of five stocks. The stocks' actual investment performance last year is given below along with an estimate of this year's
Laurel Wilson has a portfolio of five stocks. The stocks' actual investment performance last year is given below along with an estimate of this year's performance.
| Last Year | This Year | |||
| Stock | Investment | Return | Investment | Return |
| A | $50000 | 8.0% | $55000 | 8.5% |
| B | 40000 | 6.0 | 40000 | 7.0 |
| C | 80000 | 4.5 | 60000 | 4.5 |
| D | 20000 | 12.0 | 45000 | 9.0 |
| E | 60000 | 3.0 | 50000 | 5.0 |
Compute the actual return on Laurel's overall portfolio last year. Round the answer to two decimal places. %
Compute Laurel's expected return this year. Round the answer to two decimal places. %
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The Changing Geography Of Banking And Finance
Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
