Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You own a portfolio with two securities, A and B. The dollar investment in each asset in each security and the return in each security

You own a portfolio with two securities, A and B. The dollar investment in each asset in each security and the return in each security are given below. What is the portfolio return?

Security Dollar Investment Return
A $86,301 9.81%
B $25,753 14.64%

Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box. For example, if your answer is 12.345%, then enter "12.35".

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

Step: 3

blur-text-image

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

Financial Economics

Authors: Zvi Bodie, Robert C Merton, David Cleeton

2nd Edition

0558785751, 9780558785758

More Books

Students also viewed these Finance questions

Question

What does the slope in a simple linear regression model measure?

Answered: 1 week ago