Suppose you invest $20000 by purchasing 300 shares of ABC Corporation at $20 per share, 200 shares of DEF Corporation at $30 per share, and 100 shares of GHI Corporation at $80 per share. Suppose over the next year ABC Corporation has a return of -10% (negative 10%), DEF Corporation has a return of 15%, and GHI Corporation has a return of 12%. If you don’t buy or sell shares over the year, Calculate return on your portfolio over the year is closest to?
Suppose you invest $20000 by purchasing 300 shares of ABC Corporation at $20 per share, 200 shares of DEF Corporation at $30 per share, and 100 shares of GHI Corporation at $80 per share. Suppose over the next year ABC Corporation has a return of -10% (negative 10%), DEF Corporation has a return of 15%, and GHI Corporation has a return of 12%. If you don’t buy or sell shares over the year, Calculate return on your portfolio over the year is closest to?
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 5P
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Suppose you invest $20000 by purchasing 300 shares of ABC Corporation at $20 per share, 200 shares of DEF Corporation at $30 per share, and 100 shares of GHI Corporation at $80 per share.
Suppose over the next year ABC Corporation has a return of -10% (negative 10%), DEF Corporation has a return of 15%, and GHI Corporation has a return of 12%. If you don’t buy or sell shares over the year, Calculate return on your portfolio over the year is closest to?
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