Question
Suppose you purchase 139 shares of Abbott Labs (ABT) at $58 per share, 364 shares of Lowes (LOW) at $45 per share, and 222 shares
Suppose you purchase 139 shares of Abbott Labs (ABT) at $58 per share, 364 shares of Lowes (LOW) at $45 per share, and 222 shares of Ball Corporation (BLL) at $27 per share. Suppose over the next year, Ball has a return of 19.8%, Lowes has a return of 17.1%, and Abbott Labs has a return of -5.0%. What is the return on your portfolio over the year?
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
