Question
You have $ 20 million of funds to invest. Borrow an additional $ 50 million at 5% interest. Further assumes that the manager can invest
You have $ 20 million of funds to invest. Borrow an additional $ 50 million at 5% interest. Further assumes that the manager can invest all of the funds at 5.5% rate of return. Calculate the return on the portfolios equity fund.
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Social Finance Shadow Banking During The Global Financial Crisis
Authors: Neil Shenai
1st Edition
3030082318, 978-3030082314
