Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You have a $57,330 portfolio that consists of $17,752 invested in Stock A, $24,086 invested in Stock B, $9,869 invested in Stock C, and the

You have a $57,330 portfolio that consists of $17,752 invested in Stock A, $24,086 invested in Stock B, $9,869 invested in Stock C, and the remainder in Stock D. The portfolio has a return of 16.6 percent. The return for Stock A is 3.8 percent, for Stock B is 29 percent, and for Stock C is 17.9 percent. What is the return for Stock D?

Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 12.345% then enter as 12.35 in the answer box.z

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance and Investments

Authors: William Brueggeman, Jeffrey Fisher

14th edition

73377333, 73377339, 978-0073377339

More Books

Students also viewed these Finance questions

Question

1. Briefly distinguish between JIT manufacturing and JIT flow.

Answered: 1 week ago