You buy 1000 shares ibm stock for 108 and 500 shares of, Finance Basics

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You buy 1000 shares ibm stock for 108 and 500 shares of

Qusetion: You buy 1,000 shares IBM stock for $108 and 500 shares of Starbucks stock for $86. IBM stock goes down in value to $86/share, while Starbucks increases to $97/share. You do not sell or buy any additional shares. What is the return on your portfolio? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You buy 1000 shares ibm stock for 108 and 500 shares of

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