Suppose you invest £40,000 by purchasing 500 shares of HIGH at £50 per share, 300 shares of MIDDLE at £30 per share, and 300 shares of LOW at £20 per share. Suppose over the next year MIDDLE has a return of 12.5%, HIGH has a return of 20%, and LOW has a return of 10%. 

What is the return on your portfolio over the year?

Answer rating: 100% (QA)

To calculate the return on your portfolio over the year we need to consider the initial investment a... View the full answer