Math Problem page 18
Wendell invests $10,000 in a stock portfolio made up of Petroleum Special at $30 per share, Newshoe at $12 per share, and Beans and Sprouts at $2.50 per share. He places 60 percent of the money in P.S. (Petroleum Special), 30 percent in N (Newshoe), and 10 percent in B & S (beans and Sprouts). With market values changing (P.S. down $3.12, N up 80 percent, and B & S up $0.20), what is his portfolio worth 6 months later?
The word problem is included in the book: Basic Biomechanics, 6th edition
by Susan J. Hall;
ISBN#978-0-07-337644-8
The course name: Biomechanics
1 answer