Question
Wendell invests $10,000 in a stock portfolio made up of petroleum Special (P.S) at $30 per share, Newshoe (N) at $12 per share, and Beans
Wendell invests $10,000 in a stock portfolio made up of petroleum Special (P.S) at $30 per share, Newshoe (N) at $12 per share, and Beans & sprouts (B & S) at $2.50 per share. He places 60% of money in P.s, 30% in the N and 10% in B&S. With market values changing (p.s down $3.12, N up to $80% and b&s up to $0.20), what is his portfolio worth six months later?
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Simple Techniques For Managing Your Finances
Authors: Geary Reid
1st Edition
9768305231, 978-9768305237
