Question

A portfolio analyst invests in four different funds. She invests $600,000 in Fund A, which has a return of 6.5%; $500,000 in Fund B, which has a return of 4%; $450,000 in Fund C, which has a return of 5%, $100,000 in Fund D which has a return of 2%. Calculate the weighted mean percentage return. You may wish to use Excel. Round your answer to 2 decimal places

Name: a portfolio analyst invests in four different funds she invests 600000 in fund a which has a return of 65 500000 in fund b which has a return of 4 450000 in fund c which has a return of 5 10 20628
Uploaded: 2022-09-18T14:32:11-08:00
Duration: 2 min 12 s
Channel: Manisha Sarker
Description: a portfolio analyst invests in four different funds she invests 600000 in fund a which has a return of 65 500000 in fund b which has a return of 4 450000 in fund c which has a return of 5 10 20628

          A portfolio analyst invests in four different funds. She invests
$600,000 in Fund A, which has a return of 6.5%; $500,000 in Fund B,
which has a return of 4%; $450,000 in Fund C, which has a return of
5%, $100,000 in Fund D which has a return of 2%. Calculate the
weighted mean percentage return. You may wish to use Excel. Round
your answer to 2 decimal places

Added by Kendra R.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

Instant Answer

Solved by Expert Manisha Sarker

09/18/2022

Step 1

5% = $39,000 - Fund B: $500,000 * 4% = $20,000 - Fund C: $450,000 * 5% = $22,500 - Fund D: $100,000 * 2% = $2,000 Show more…

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A portfolio analyst invests in four different funds. She invests $600,000 in Fund A, which has a return of 6.5%; $500,000 in Fund B, which has a return of 4%; $450,000 in Fund C, which has a return of 5%, $100,000 in Fund D which has a return of 2%. Calculate the weighted mean percentage return. You may wish to use Excel. Round your answer to 2 decimal places