Tims portfolio contains two stocks light co and shine co


1. Tim's portfolio contains two stocks, Light co and Shine co. Last year his portfolio returned 14 percent. Lightco's return was 5 percent and Shine co returned 20 percent. What are the weights of each in Tim's portfolio? The following year Tim adds a third stock, Bright co, and relocates his funds among the three stocks. Light co and Shine co have the same weight in the portfolio, and Brightco's weight is one-half of Light co. During the year Light co returns 10 percent, shine co returns 12 percent, and bright co loses 5 percent. What was the return on his portfolio?  

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Financial Management: Tims portfolio contains two stocks light co and shine co
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