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Posted on Oct 07, 2024

Suppose you invest in 220 shares of Johnson and Johnson (JNJ) at $70 per share and 240 shares of Yahoo (YHOO) at $20 per share.

Suppose you invest in 220 shares of Johnson and Johnson (JNJ) at $70 per share and 240 shares of Yahoo

(YHOO) at $20 per share. If the price of Johnson and Johnson increases to $80 and the price of Yahoo

decreases to $18 per share, what is the return on your portfolio?

A) 12.77%

B) 8.51%

C) 9.37%

D) 10.22%

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