Mariam owns 30 shares of Stock X which has a price of $340 per share and 80 shares of Stock Y which has a price of $3500 per share. What is the proportion of Mariam’s portfolio invested in stocks X and Y? If stock X's return is 10 percent and stock Y's return is 20 percent what is the portfolio's return?

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
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Mariam owns 30 shares of Stock X which has a price of $340 per share and 80 shares of Stock Y which has a price of $3500 per share. What is the proportion of Mariam’s portfolio invested in stocks X and Y? If stock X's return is 10 percent and stock Y's return is 20 percent what is the portfolio's return? 

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