9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter7: Stocks (equity) - Characterstics And Valuation
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9. You made some unfortunate investment decisions. You invested a total of $6.000 in
three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX
(Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX,
and vour year-to-date losses total $260, How much did you invest in each of the
three funds?
Transcribed Image Text:9. You made some unfortunate investment decisions. You invested a total of $6.000 in three funds: CHPX (Year-to-date loss: 4%), DYRX (Year-to-date loss: 3%), and EFFX (Year-to-date loss: 6%). Your investment included equal amount in CHPX and DYRX, and vour year-to-date losses total $260, How much did you invest in each of the three funds?
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