Suppose over the next year Ball has a return of 12.5%,Lowes has a return of 20%,and Abbott Labs has a return of -10%.The value of your portfolio over the year is:
A)$21,000
B)$20,000
C)$20,700
D)$21,500
E)$22,000

Question

Quizplus · Accepted Answer

In order to calculate the value of the portfolio, we need to know the initial value of the portfolio. Without that information, it is impossible to calculate the final value of the portfolio. Therefore, we cannot choose any of the options given as there is not enough information to make a decision.

Suppose Over the Next Year Ball Has a Return of 12.5%,Lowes