1. Suppose you invest $60,000 in stock A and $40,000 in stock B at the beginning of the year and sell both stocks at the end of the year. What is the total return on your portfolio given the following adjusted closing prices on each stock (please enter the answer in percent format, e.g., 5% is entered as 5)?
A B
Stock price at beginning of the year 50 100
Stock price at the end of year 60 100