Question
suppose you invest your money in 100 shares of Abbott Labs (ABT) at $50 per share, 100 shares of Lowes (LOW) at $30 per share,
suppose you invest your money in 100 shares of Abbott Labs (ABT) at $50 per share, 100 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%. Abbott Labs has a return of -10%. The return on your portfolio over the year is?
a. 0
b. 7.5%
c. 3.5%
d. 5%
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Entrepreneurial Finance
Authors: J . chris leach, Ronald w. melicher
4th edition
538478152, 978-0538478151
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