FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose you invest in 120 shares of Merck at $40 per share and 130 shares of Yahoo at $25 per share. If the price of

image text in transcribed
Suppose you invest in 120 shares of Merck at $40 per share and 130 shares of Yahoo at $25 per share. If the price of Merck increases to $45 and the price of Yahoo decreases to $22 per share, what is the return on your portfolio? O A. 3.52% B. 4.17% C. 7.83% OD. 2.61%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting College Of Dupage Edition

Managerial Accounting College Of Dupage Edition

Authors: Karen Wilken Braun, Wendy M. Tietz

3rd Edition

1269222430, 978-1269222433

More Books

Students also viewed these Accounting questions

Question

★★★★★
Your client, Barney Green, and his wife, Edith, attended a three-day program in Maui entitled Financial, Tax, and Investment Planning for Investors. The Greens went to Hawaii several days early so...

Answered: 1 week ago

Question

★★★★★
=+What is the difference between a trade show and a themed event?

Answered: 1 week ago

Question

★★★★★
Jobs A, B, C, and D must be processed through the same machine center. Sequence the following jobs by (a) SPT (b) SLACK. Calculate mean flow time, mean tardiness, and maximum tardiness. Which...

Answered: 1 week ago

Question

★★★★★
Suppose you invest in 120 shares of Merck at $40 per share and 130 shares of Yahoo at $25 per share. If the price of Merck increases to $45 and the price of Yahoo decreases to $22 per share, what is...

Answered: 1 week ago

Question

★★★★★
A company has a debit balance of $10,000 in its Estimated Returns Inventory and a credit balance of $20,000 in its Refunds Payable account. If a customer returns merchandise with a sales price of...

Answered: 1 week ago

Question

★★★★★
1.What is zygote ? 2.explain cell differentiation? 3. What are the stem cell? 4. Tissue means?

Answered: 1 week ago

Question

★★★★★
Question: What happens if you declare a method as synchronized in Java? A) The method can only be called by one thread at a time on the same object instance. B) The method can be executed by multiple...

Answered: 1 week ago

Question

★★★★★
Question: What happens when a class in Java implements multiple interfaces that have methods with the same signature? A) The class must override the method and provide an implementation to avoid...

Answered: 1 week ago

Question

★★★★★
Question: In Java, what is the purpose of using the transient keyword for a field in a class? A) It marks the field as eligible for garbage collection to free up memory. B) It indicates that the...

Answered: 1 week ago

Question

★★★★★
Write a Java program to find all permutations of a given string. Ensure that your program handles duplicate characters in the input string such that only unique permutations are printed. Constraints:...

Answered: 1 week ago

Question

★★★★★
Use sentence structure. Write one or more sentences to tell members of a school jazz band that their application to perform in a parade at Disneyland has not been accepted. Use sentence structure to...

Answered: 1 week ago

Question

★★★★★
Use mechanical means. Use mechanical means in a sentence to emphasize the importance of attending a business seminar on job interviews.

Answered: 1 week ago

Question

★★★★★
Use format. Use format in a sentence to emphasize the number of students in your graduating class who will continue their education.

Answered: 1 week ago

Previous Question Next Question