Use the Information for the Question(s) Below

question 84

Multiple Choice

Use the information for the question(s) below.
Suppose you invest $20,000 by purchasing 200 shares of BHP Billiton (BHP) at $50 per share, 200 shares of ANZ Bank (ANZ)
at $30 per share, and 100 shares of Flight Centre (FLT) at $40 per share.
-Suppose over the next year FLT has a return of 12.5%, ANZ has a return of 20%, and BHP has a return of -10%. The value of your portfolio over the year is

• A) $21,000.
• B) $20,000.
• C) $21,500.
• D) $20,700.

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