Question
You have $10,000 to invest. You invested $3,500 in Firm 1 and the remaining amount in Firm 2. The return on these firms is 20%
You have $10,000 to invest. You invested $3,500 in Firm 1 and the remaining amount in Firm 2. The return on these firms is 20% and 15%, respectively. The return on your portfolio is:
A. None of the above
B. 17.50%
C. 13.50%
D. 18.25%
E. 16.75%
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th Edition
0321374215, 9780321374219
