Homework Answers
Returns on each Stock, L, M & N:
L $3,400.00 -6.00% ($204.00)
$3,196.00
M $10,000.00 7.50% $750
$10,750.00
N $2,500.00 12.50% $312.50
$2,812.50
Total $15,900.00
$858.50
$16,758.50
Weighted Average Return on the portfolio will be:
$858.50/$15,900 x 100 = 5.5%
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know the time vale of money stuff already
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