Question
You hold 100 shares of MSFT, 200 shares of IBM, and 200 shares of AAPL in your brokerage account. The current price of the stocks
You hold 100 shares of MSFT, 200 shares of IBM, and 200 shares of AAPL in your brokerage account. The current price of the stocks are: $40/share for MSFT, $120/share for IBM, and $100/share for AAPL. The expected returns of the three stocks are: 12% for MSFT, 8% for IBM, and 15% for AAPL. Find out the expected return of your brokerage account.
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
