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Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes (LOW) at $30 per share,
Suppose you invest $20,000 by purchasing 200 shares of Abbott Labs (ABT) at $50 per share, 200 shares of Lowes (LOW) at $30 per share, and 100 shares of Ball Corporation (BLL) at $40 per share.
Suppose over the next year Ball has a return of
12.5%,
Lowes has a return of
20%,
and Abbott Labs has a return of
10%.
The value of your portfolio over the year is:
A.
$21,735
B.
$20,700
C.
$22,770
D. $19,665
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