Question
Year-to-date, Company O had earned a -2.50 percent return. During the same time period, Company V earned 8.4 percent and Company M earned 6.65 percent.
Year-to-date, Company O had earned a -2.50 percent return. During the same time period, Company V earned 8.4 percent and Company M earned 6.65 percent. If you have a portfolio made up of 40 percent Company O, 30 percent Company V, and 30 percent Company M, what is your portfolio return?
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
