You have a fairly large portfolio of U.S. stocks and bonds. You meet a financial planner at a
social gathering who suggests that you diversify your portfolio by investing in emerging market
stocks. Discuss whether the correlation results in Exhibit 3.10 support this suggestion.
2 answers
Since we don't know what Exhibit 3.10 shows, we can't help you.
How many years, correct to 1 decimal place, will it take for K54,321 invested at a compound interest of 13% per annum, to amount to K98,765