At the beginning of the month, you owned $140,000 of Company G stock, $97,000 of Company S stock, and $23,000 of Company N stock. The monthly returns for Company G, Company S, and Company N were 8.00%, 7.00%, and 6.00%, respectively. What is your portfolio return? ○ 7.00% 7.45% 33.33% 21.00%

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 10PROB
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At the beginning of the month, you owned $140,000 of
Company G stock, $97,000 of Company S stock, and $23,000
of Company N stock. The monthly returns for Company G,
Company S, and Company N were 8.00%, 7.00%, and 6.00%,
respectively. What is your portfolio return?
○ 7.00%
7.45%
33.33%
21.00%
Transcribed Image Text:At the beginning of the month, you owned $140,000 of Company G stock, $97,000 of Company S stock, and $23,000 of Company N stock. The monthly returns for Company G, Company S, and Company N were 8.00%, 7.00%, and 6.00%, respectively. What is your portfolio return? ○ 7.00% 7.45% 33.33% 21.00%
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