Suppose You Buy 100 Shares of RBC at $85 Per

question 9

Multiple Choice

Suppose you buy 100 shares of RBC at $85 per share,and 80 shares of TD at $75 per share.If RBC's stock goes up to $88.50 per share and TD's stock goes up to $77 per share,what is your portfolio return?

• A)2%
• B)0%
• C)3.5%
• D)3%
• E)4.5%

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Definitions:

Import Quota

A government-imposed limit on the quantity or value of goods that can be imported into a country.

Quantity Consumed

The total amount of a good or service that is used or ingested over a specific period of time.

Foreign Exchange

The marketplace for trading currencies, enabling conversion from one currency to another, essential for global trade and investment.

Black Market

An illegal trading environment where goods or services are exchanged in violation of government regulations.