Investor X invested in three stocks equally. Return on his portfolio is 18%. Return of Stock A is 14% Return of Stock B is 15%. What is the return on Stock C? a) 8.33% b) -11.00% c) 25.00% d) 6.00%

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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Investor X invested in three stocks equally. Return on his portfolio is 18%.
Return of Stock A is 14%
Return of Stock B is 15%.
What is the return on Stock C?
a) 8.33%
b) -11.00%
c) 25.00%
d) 6.00%
Transcribed Image Text:Investor X invested in three stocks equally. Return on his portfolio is 18%. Return of Stock A is 14% Return of Stock B is 15%. What is the return on Stock C? a) 8.33% b) -11.00% c) 25.00% d) 6.00%
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