SoHo International Investment Management has an asset allocation strategy of 57% U.S. investments and 43% global investments. Within the United States, Go Global has allocated 55% of its portfolio to equities and 45% to bonds. SoHo International now holds 4.4% of its U.S. equity portfolio in the stock of Bright Force. Internationally, SoHo International has allocated 72% to equities and 28% to bonds. About what percentage of SoHo International's total portfolio is invested in Bright Force

Respuesta :

Answer:

1.38%

Explanation:

Calculation to determine About what percentage of SoHo International's total portfolio is invested in Bright Force

Using this formula

SoHo International's total portfolio percentage=

Asset allocation strategy percentage*United States, Go Global has allocated percentage*SoHo International U.S holds percentage

Let Plug in the formula

SoHo International's total portfolio percentage=57%* 55%* 4.4%

SoHo International's total portfolio percentage=1.38%

Therefore SoHo International's total portfolio percentage that is invested in Bright Force is 1.38%