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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

Correct Answer:

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