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Suppose you invested $4,500 in Stock X and $5,500 in Stock Y. Stock X price was $45 per share and now worth $49. Stock Y
Suppose you invested $4,500 in Stock X and $5,500 in Stock Y. Stock X price was $45 per share and now worth $49. Stock Y was $13.75 and now is priced at $20.35 per share.
a. What is your dollar return on this portfolio investment?
b. What is your percentage return on this portfolio investment?
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