... Approximately 60% of the portfolio was invested in fixed income securities, primarily U.S. government bonds. The remaining 40% was invested in mutual funds selected by your firm’s portfolio manager. During the year U.S. government bonds yielded 6.0%, and the change in the Standard and Poor’s 500 indexes was 10.0%. Reported investment income during the year was $6,000,000, including realized gains. The firm also reported an unrealized loss of $1,000,000. Total yield on the portfolio was thus $5,000,000. What value would you have expected given the facts above?
Your firm’s investment portfolio was valued at $100,000,000 at the beginning of the year.?
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- 3+ months ago by normaluya...
- Topics:
- portfolio, bond, year, government, beginning, fixed, investment, years
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