Julia invested a $120,000 inheritance into two different portfolios listed below ($80000 in portfolio #1 and $40,000 in portfolio #2). Portfolio #1 Return after 1 year 7% growth 13% growth 21% growth Type of investment 20% in corporate bonds 25% in income stocks 15% in growth stocks 10% in penny stocks (speculative stocks) Remainder in a 10-year certificate of 77% decline 2% growth deposit(CD) Portfolio #2 Return after 1 year 6% growth 15% growth 28% growth Type of investment 20% in corporate bonds 25% in income stocks 30% in grovih stocks 15% in penny stocks (speculative stocks) Remainder in a 10-year certificate of deposit(CD) 64% decline 2% growth
Julia invested a $120,000 inheritance into two different portfolios listed below ($80000 in portfolio #1 and $40,000 in portfolio #2). Portfolio #1 Return after 1 year 7% growth 13% growth 21% growth Type of investment 20% in corporate bonds 25% in income stocks 15% in growth stocks 10% in penny stocks (speculative stocks) Remainder in a 10-year certificate of 77% decline 2% growth deposit(CD) Portfolio #2 Return after 1 year 6% growth 15% growth 28% growth Type of investment 20% in corporate bonds 25% in income stocks 30% in grovih stocks 15% in penny stocks (speculative stocks) Remainder in a 10-year certificate of deposit(CD) 64% decline 2% growth
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 5P
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I need the % gain loss and the monetary gain loss of for each portfolio
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