Mathematics, 19.02.2020 23:09, kitam2871
Richie holds a stock portfolio of two stocks. The portfolio's return is the weighted average of the returns of the component stocks. Stock A had a return of 8.0% and Stock B had a return of 11.0%. If Stock A constitutes 40% of Richie's stock portfolio, what is the return on the portfolioa. 10.4%b. 10.7%c. 9.8%d. 9.5%e. 10.1%Jordan has a three-stock portfolio. The returns of the three stocks are shown below:
StockReturn
X 8%
Y 9%
Z 13%
Stock X makes up 20% of Jordan's portfolio, and the portfolio has a return of 10.4%. How much of Jordan's portfolio consists of Stock Y?
a. 70%
b. 10%
c. 80%
d. 40%
e. 30%
Answers: 3
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Four individuals pool money together to start a new business and agree to split the profits equally. n invests $6,000, x invests $2,000, y invests $8,000 and z invests $4,000. if the profits for the first month were $100,000, y receives than if the profits were divided in proportion to how much they invested.
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