Question
One day, you decided to buy shares of stock from your two all time favorite companies, the Cheesecake Factory and Apple. The expected return on
One day, you decided to buy shares of stock from your two all time favorite companies, the Cheesecake Factory and Apple. The expected return on the Cheesecake Factory's stock is 7.7% per year, and it's 22.6% for Apple. You bought 15 shares of the Cheesecake Factory's shares for $67 per share, and 24 shares of Apple's stock for $228 each.
What is the expected return on your portfolio investment?
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To calculate the expected return on your portfolio investment you need to consider the weights of ea...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
