Question
The following are the percentage returns on Apple stock and Sony stock. What is the monthly return on a portfolio that invests an equal amount
The following are the percentage returns on Apple stock and Sony stock. What is the monthly return on a portfolio that invests an equal amount each month in the two stocks? (smaple answer format: 12.25%)
|
| A | B | C | D |
| 1 | Month | MacroTech | AutoChip | 50-50 portfolio |
| 2 | January | 10 | 9 | 9.5 |
| 3 | February | 5 | 4 | 4.5 |
| 4 | March | 5 | 20 | 12.5 |
| 5 | April | 7 | 13 | 10 |
| 6 | May | -4 | 2 | -1 |
| 7 | June | 5 | 5 | 5 |
| 8 | July | -2 | -3 | -2.5 |
| 9 | August | -10 | -2 | -6 |
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Public Finance And Public Policy
Authors: Jonathan Gruber
7th Edition
1319281109, 9781319281106
