JoJo's Portfolio's Return Is 12

question 77

Multiple Choice

JoJo's portfolio's return is 12%. She is invested in Cisco and IBM which had returns of 15% and 9% respectively. What percentage of JoJo's assets are invested in each firm?

• A) 40% in Cisco and 60% in IBM
• B) 50% in Cisco and 50% in IBM
• C) 30% in Cisco and 70% in IBM
• D) Unable to determine with the data provided

---

Definitions:

Incorrectly Used

A term or concept that is applied inappropriately or in a context that does not align with its accepted or conventional meaning.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, defining how words and phrases combine to form correct sentences.

Vocabularies

The sets of words known and used by a person in a language or a specific field of expertise.

Errors

Mistakes or inaccuracies in action or judgment.