You own a portfolio of British assets worth 100,000 on January 1. The portfolio is worth 90,000

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You own a portfolio of British assets worth £100,000 on January 1. The portfolio is worth £90,000 on January 10, and you withdraw £20,000. On January 20, the value of your portfolio has gone up to £90,000, and you add £50,000. On January 31, your portfolio is worth £145,000. Compute the rate of return in January, using the methods proposed in this text. Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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