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At the beginning of the month, you owned $7,000 of General Dynamics, $9,000 of Starbucks, and $4,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.50 percent, -1.46 percent, and -0.59 percent. What is your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Portfolio return %

At the beginning of the month, you owned $7,000 of General Dynamics, $9,000 of Starbucks, and $4,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.50 percent, -1.46 percent, and -0.59 percent. What is your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Portfolio return %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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At the beginning of the month, you owned $7,000 of General Dynamics, $9,000 of Starbucks, and $4,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.50 percent, -1.46 percent, and -0.59 percent. What is your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Portfolio return %
Transcribed Image Text:At the beginning of the month, you owned $7,000 of General Dynamics, $9,000 of Starbucks, and $4,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.50 percent, -1.46 percent, and -0.59 percent. What is your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Portfolio return %
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