Mike interviewed Dan for a sales clerk position, and Mike really liked Dan. They got along great in the interview, and they are
1 answer:
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Answer:
40% , 24% and 16%
Explanation:
Total Amount invested = $2600
Portfolio is composed of :
Treasury bills paying 4%, Risky portfolio P, Two risky securities ( X and Y )
Optimal weights
X = 60% , Y = 40%
Expected rate of return
X = 16% , Y = 11%
<u>To form a complete portfolio with an expected rate of return of 8% </u>
Invest approximately 40% in risky portfolio
Invest approximately 24% and 16% of your complete portfolio in security X and Y
attached below is the detailed solution
Answer:
Insufficient data
Explanation:
Suppose x represents the total value of Company H's stock
Here, we need to find out : value of x.
(1) Investor P owns of the shares of Company H's total stock
i.e. Investor P's amount in H's stock =
We did not give P's investment.
Thus, data is insufficient to find value of x.
(2) The total value of Investor Q's shares of Company H's stock is $16,000.
Q's share in company H's stock = $16,000
There is no relation between x and Q's share given,
Thus, data is insufficient to find value of x.
Now, when we combined the data (1) and (2),
We still can not find the value of x.
Because, there are also other investors in stock H other than P and Q.
Hence, the data is inadequate to find total value of Company H's stock.