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| Teaching Since: | May 2017 |
| Last Sign in: | 352 Weeks Ago, 4 Days Ago |
| Questions Answered: | 20103 |
| Tutorials Posted: | 20155 |
MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
As an investor, you saw an opportunity to invest in a new security with expected rate of return of 26%. Wanting to invest more than you had, you sold another security short with an expected rate of return of 7%. The total amount you sold short was $4,000, and your total amount invested in the new security was $14,000. What is your expected rate of return on this portfolio? (Please keep your answer to 4 decimal places, e.g. 0.1234)