Answered

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Ojo's portfolio's return is 12 percent. she is invested in cisco and ibm which had returns of 15 percent and 9 percent respectively. what percentage of jojo's assets are invested in each firm?

Sagot :

50% in Cisco and 50% in IBM

What is Asset investment ?

Investment assets are material or intangible possessions acquired for the purpose of generating more income or retained for speculation in the hope of a rise in value in the future.

Mutual funds, stocks, bonds, property, and retirement savings accounts like 401(k)s and IRAs are a few examples of investment assets.

When a person invests in a thing, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.

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