Investment Management - DICO
This will involve calculating the average yield of the securities portfolio, preferably using a weighted average (this is illustrated in Schedule 6.10). Schedule 6.10. CALCULATING THE WEIGHTED AVERAGE YIELD Assume there are three financial instruments in the portfolio: Instrument #1: $50,000 @ 10% per annum. Instrument #2: $30,000 @ 5% per annum ................
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