Question
Year-to-date, Company O had earned a -2.70 percent return. During the same time period, Company V earned 8.6 percent and Company M earned 6.85 percent.
Year-to-date, Company O had earned a -2.70 percent return. During the same time period, Company V earned 8.6 percent and Company M earned 6.85 percent. If you have a portfolio made up of 20 percent Company O, 10 percent Company V, and 70 percent Company M, what is your portfolio return?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
