An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are
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Question:
An investment portfolio consists of four stocks. The purchase price, current price, and number of shares are reported in the following table. (Round your answer to the nearest integer.)
Stock | Purchase Price/Share ($) | Current Price/Share ($) | Number of Shares |
---|---|---|---|
Stock A | 1,262.00 | 1,943.78 | 600 |
Stock B | 196.87 | 176.23 | 300 |
Stock C | 176.23 | 208.99 | 400 |
Stock D | 91.18 | 97.13 | 200 |
Construct a weighted average of price relatives as an index of the performance of the portfolio to date.
I =
Interpret this price index.
The investment portfolio value is up ____%.
Related Book For
Statistics For Business And Economics
ISBN: 9780538481649
11th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
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