00:01
First of all if we talk about portfolio, if we talk about portfolio, what does it mean? it means a collection of investments, collection of investments held by an individual or an organization, held by an individual or an organization, or an organization.
00:30
By diversifying the portfolio, queku the don can reduce his overall risk, reduce his overall risk, overall risk by investing in different companies, investing in companies, by investing in different.
00:54
It is important to heed his son's advice because diversification can help him achieve his investment goals, achieve his investment.
01:07
Now coming to the next part, to calculate the annual returns for phonox and zinus using 2016 as the base, we have to use the following formula that is annual return, annual return is equal to ending price, ending price minus beginning price, beginning price plus dividends, plus dividends divided by beginning price for phonox, beginning price for phonox, price for phonox in 2017.
01:50
So we will put the values over here, the values are as followed, it is 12 minus 7 .62 plus 0 .90 divided by 7 .62, so the answer will come out to be 0 .28 or we can say 28 percent, this is for the year 2017...