Question
The rate of return on three stocks is given as follows: Stock A: 12% Stock B: 5% Stock C: -5% What would be the rate
The rate of return on three stocks is given as follows:
Stock A: 12%
Stock B: 5%
Stock C: -5%
What would be the rate of return on an equal-weighted portfolio of these three stocks?
Enter your response as percentage value (rounded to the nearest integer). In other words enter 3, if your response is 2.74%.
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
132994879, 978-0132994873
