Question
Your portfolio consists of 75 shares of CSH and 30 shares of EJH, which you just bought at $ 19 and $ 28 per share,
Your portfolio consists of 75 shares of CSH and 30 shares of EJH, which you just bought at $ 19 and $ 28 per share, respectively.
a. What fraction of your portfolio is invested in CSH? In EJH?
b. If CSH increases to $ 22 and EJH decreases to $27, what is the return on your portfolio?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk
11th Edition
0324422865, 978-0324422863
