Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 18, 2024

You invested in 148 shares of company A at a price of $18 per share and 213 shares of company B at a price of

You invested in 148 shares of company A at a price of $18 per share and 213 shares of company B at a price of $8 per share.

Today the price per share of A is $22 and B is $10 per share.

What is the return on your portfolio in percentage points?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

The Global Financial Crisis What Have We Learnt

Authors: Steven Kates

1st Edition

0857934228, 978-0857934222

More Books

Students also viewed these Finance questions

Question

★★★★★

Elmer Company is a lean manufacturer and is considering whether to buy a part that is needed for production of a value stream. The part is currently made within the value stream (the part is...

Answered: 1 week ago

Question

★★★★★

Limonene is one of the compounds that give lemons their tangy odor. Show the structures of the products expected when limonene reacts with an excess of each of these reagents. (a) Borane in...

Answered: 1 week ago

Question

★★★★★

Understand what it means to be a learning organization.

Answered: 1 week ago

Question

★★★★★

Freezing of a spherical drop (Figure 11B.10) to evaluate the performance of an atomizing nozzle, it is proposed to atomize a nonvolatile liquid wax into a stream of cool air. The atomized wax...

Answered: 1 week ago

Question

★★★★★

Echo Company purchased a machine some years ago. At the end of the current year, the company revalued the machine to its fair value. The machine has the following characteristics as at the end of the...

Answered: 1 week ago

Question

★★★★★

b Exercise 7-8 (Static) Sales returns (L07-4) Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All...

Answered: 1 week ago

Question

★★★★★

Dominic's Deli recently calculated its annual break-even sales revenue to be $280,000. For each dollar of sales revenue, $0.40 goes to cover variable costs. a. Compute the contribution margin ratio....

Answered: 1 week ago

Question

★★★★★

Which of the following steps is not associated with the "Silent Phase" of the Change Process? Group of answer choices Generate urgency Maintaining motivation Build coalition Create vision

Answered: 1 week ago

Question

★★★★★

As a food worker, it's your responsibility to: Select all that apply: Complete cleaning and sanitising sign-off sheets as per the Food Safety Plan Write safety data sheets Know what to clean and...

Answered: 1 week ago

Question

★★★★★

Question 1 (4 points} During a throw, a pitcher exerts a net force of 19N on a ball weighing 1.1 N. a. What is the ball's acceleration? b. The ball moves 3.3m before the pitcher releases it. With...

Answered: 1 week ago

Question

★★★★★

Lab 10: Simple Harmonic Motion Purpose/objective: In this experiment the student can observe and study the periodic motion in a plane and investigate the relation between the period of a simple...

Answered: 1 week ago

Question

★★★★★

4. What are the advantages and disadvantages of the Boomerang Water Corporation buying an offthe shelf integrated HR database system? Jack Newman had recently been appointed regional direc-tor of...

Answered: 1 week ago

Question

★★★★★

4.1 Explain multiple uses of job analysis in HR decisions.

Answered: 1 week ago

Question

★★★★★

3. What internal factors are required to enable organiz ational adaption to technological changes?

Answered: 1 week ago

Previous Question Next Question