Suppose you invest in 200 shares of Johnson and Johnson at $70 per share and 200 shares of Yahoo at $20 per share.If the price of Johnson and Johnson increases to $80 and the price of Yahoo decreases to $18 per share,what is the return on your portfolio?
A) 12.21%
B) 8.89%
C) 9.76%
D) 11.21%
Correct Answer:
Verified
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