Portfolio Return At the beginning of the month, you owned $11,700 of Company G, $11,600 of Company S, and $18,200 of Company N. The monthly returns for Company G, Company S, and Company N were 10.8 percent, -1.41 percent, and 9.4 percent. What is your portfolio return? (Round intermediate calculations to 2 decimal places.)
a. 6.78%
b. 6.28%
c. 18.85%
d. 7.22%
What is the present value of a $1,000 perpetuity discounted back to the present at 6%
A. $60
B. $1,666.67
C. $166.67
D. $16,666.67