Leticia has been tracking two volatile stocks. Stock A over the last year has increased 10%, and
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Leticia has been tracking two volatile stocks. Stock A over the last year has increased 10%, and stock B has increased 14% (using a simple interest model). She has $10,000 to invest and would like to split it between these two stocks. If the stocks continue to perform at the same rate, how much should she invest in each for one year to result in a balance of $11,260?
Related Book For
Managerial economics
ISBN: 978-1118041581
7th edition
Authors: william f. samuelson stephen g. marks
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