JoJo\'s portfolio\'s return is 12%. She is invested in Cisco and IBM which had r

Question

JoJo's portfolio's return is 12%. She is invested in Cisco and IBM which had returns of 15% and 9% respectively. What percentage of JoJo's assets are invested in each firm? 40% in Cisco and 60% in IBM 50% in Cisco and 50% in IBM 30% in Cisco and 70% in IBM Unable to determine with the data provided 40% in Cisco and 60% in IBM 50% in Cisco and 50% in IBM 30% in Cisco and 70% in IBM Unable to determine with the data provided 40% in Cisco and 60% in IBM 50% in Cisco and 50% in IBM 30% in Cisco and 70% in IBM Unable to determine with the data provided

Explanation / Answer

C) 30% in Cisco and 70% in IBM

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