Question
You own a portfolio that has $1,371 invested in Stock A and $895 invested in Stock B. If the returns on these stocks are 17.18%
You own a portfolio that has $1,371 invested in Stock A and $895 invested in Stock B. If the returns on these stocks are 17.18% and 14.02%, respectively, what is the return on the portfolio?
Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.
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Fundamentals of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
12th edition
978-0133075403, 133075354, 9780133423938, 133075400, 013342393X, 978-0133075359
