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Jane is considering investing in three different stocks or creating three distinct two stock portfolios. Jane considers herself to be a rather conservative investor. She is able to obtain forecasted returns for the three securities for the years 2015 through 2021. The data are given in the following table.
|Year||Stock A||Stock B||Stock C|
In any of the possible two-stock portfolios, the weight of each stock in the portfolio will be 50%. The three possible portfolio combinations are AB, AC, and BC.
TO DO Create a spreadsheet similar to Tables and to answer the following: c. Calculate the expected returns for portfolios AB, AC, and BC.
Carla is a carpenter. She wants to purchase new high-quality tools for her business. She found the following prices for the exact same set of tools from various sellers: $6,700$7,450 $8,000$7,600 $7,450$8,200 $7,210. a. What is the mean price? Round your answer to the nearest cent. b. What is the median price? c. What is the mode price?