Two investment portfolios are shown. Investment Portfolio 1 Portfolio 2 ROR Savings Account $1,425 $4,500 2.80% Government
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Question:
Two investment portfolios are shown.
Investment | Portfolio 1 | Portfolio 2 | ROR |
---|---|---|---|
Savings Account | $1,425 | $4,500 | 2.80% |
Government Bond | $1,380 | $3,600 | 1.55% |
Preferred Stock | $3,400 | $2,150 | 11.70% |
Common Stock | $3,100 | $1,980 | 8.49% |
Portfolio 2 earns $489.85.
Part A: Calculate how much Portfolio 1 earns. Show all work.
Part B: Using your values from Part A, identify the portfolio that earns the most. What information from the table could be used to justify why that portfolio has higher earnings?
Related Book For
Applied Statistics In Business And Economics
ISBN: 9780073521480
4th Edition
Authors: David Doane, Lori Seward
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