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Suppose you buy 400 shares of TBQ at $160 per share and 600 shares of RDR at $60 per share. If TBQ s share price

Suppose you buy 400 shares of TBQ at $160 per share and 600 shares of RDR at $60 per share. If TBQ s share price goes up to $200 and RDR s falls to $46.67, what return did it earn? (Pick the closest answer.)

Select one:

a.10%

b.4%

c..04%

d.8%

e.11%

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