Glen Rice invests the following sums of money in common stocks
having expected returns as follows:
a. What is the expected return (percentage) on her
portfolio?
b. What would be her expected return if she quadrupled her
investment in Excelsior Hair Growth, Inc., while leaving everything
else the same?
COMMON STOCK (Ticker Symbol) One-Legged Chair Company (WOOPS) Acme Explosives Company (KBOOM) Ames-to-Please, Inc. (JUDY) Sisyphus Transport Corporation (UPDWN) Excelsior Hair Growth, Inc. (SPROUT) In-Your-Face Telemarketing, Inc. (RINGG) McDonald Farms, Ltd. (EIEIO) AMOUNT INVESTED RETURN $ 6,000 14% 11,000 16% 9,000 17% 7,000 13% 5,000 20% 13,000 15% 9,000 18%
Glen Rice invests the following sums of money in common stocks having expected returns as follows: a. What is the expect
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