Question.4329 - Ch. 13 Written AssignmentDetailsResolve the following problems (1, 3, and 5 from the book chapter). Show the calculations.1 . You purchased 1,000 shares of a stock for $12 per share. Then, two months later, you purchased an additional 500 shares of the same stock at $9 per share. Calculate the weighted mean of the purchase price for the total of 1,500 shares.3 . You score a 60 on a biology test. The mean test grade is 70, and the standard deviation is 5. What percentile does your grade correspond to?5 . The total value of your portfolio consists of approximately 65% stock assets, 25% bonds, and 10% cash equivalents. Historical returns have shown that stocks provide a return of 12%, bonds provide a return of 3.5%, and cash savings provide a return of 1.5%. What is the expected value of the return on this portfolio?
Answer Below:
Ch 13 Written AssignmentQuincy CollegeFIN 320 - Principles of Finance April 9, 2024Ch 13 Written AssignmentProblem 1Number of SharesPriceTotal1,000$12...
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