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

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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Chapter7: Common Stock: Characteristics, Valuation, And Issuance
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I need the % gain loss and the monetary gain loss of for each portfolio
Julia invested a $120,000 inheritance into two different portfolios listed below ($80000 in portfolio #1 and $40,000 in
portfolio #2).
Portfolio #1
Type of investment
Return after 1 year
7% growth
13% growth
21% growth
20% in corporate bonds
25% in income stocks
15% in growth stocks
10% in penny stocks (speculative
stocks)
77% decline
Remainder in a 10-year certificate of
2% growth
deposit(CD)
Portfolio #2
Return after 1 year
6% growth
15% growth
28% growth
64% decline
2% growth
Type of investment
120% in corporate bonds
125% in income stocks
30% in grovth stocks
15% in penny stocks (speculative stocks)
Remainder in a 10-year certificate of deposi(CD)
1. Identify the percentage gain/loss and the monetary gain/loss for each portfolio,
Transcribed Image Text:Julia invested a $120,000 inheritance into two different portfolios listed below ($80000 in portfolio #1 and $40,000 in portfolio #2). Portfolio #1 Type of investment Return after 1 year 7% growth 13% growth 21% growth 20% in corporate bonds 25% in income stocks 15% in growth stocks 10% in penny stocks (speculative stocks) 77% decline Remainder in a 10-year certificate of 2% growth deposit(CD) Portfolio #2 Return after 1 year 6% growth 15% growth 28% growth 64% decline 2% growth Type of investment 120% in corporate bonds 125% in income stocks 30% in grovth stocks 15% in penny stocks (speculative stocks) Remainder in a 10-year certificate of deposi(CD) 1. Identify the percentage gain/loss and the monetary gain/loss for each portfolio,
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