Crungy Patrick owns a portfolio of three stocks. Crungy's holdings and the prices of the stocks at

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Crungy Patrick owns a portfolio of three stocks. Crungy's holdings and the prices of the stocks at the end of Year 1 and Year 2 follow. Assuming no contributions, withdrawals, or dividends paid, what is the return on Crungy's portfolio in Year 2?
Crungy Patrick owns a portfolio of three stocks. Crungy's holdings
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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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Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

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