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Q.3: Mr.X portfolio consist of two stocks. He has invested Rs.30,000 in stock 1 while Rs.60,000 in stock 2. Stock 1 and 2 has average

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Q.3: Mr.X portfolio consist of two stocks. He has invested Rs.30,000 in stock 1 while Rs.60,000 in stock 2. Stock 1 and 2 has average returns of 17% and 19% respectively. a. What is return of his portfolio b. What will be the return of his portfolio is he replaces stock 1 with a new stock that has return of 20%. C. What will be return of his portfolio if he adds a third stock that has Return of 15% and Mr.X has invests Rs. 70,000 in this stock, keeping investments in previous stocks as before

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