s At the beginning of the month, you owned $5,000 of General Dynamics, $9,000 of Starbucks, and $6,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.30 percent, -1.42 percent, and -0.57 percent. What is your portfolio return? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Portfolio return %
s At the beginning of the month, you owned $5,000 of General Dynamics, $9,000 of Starbucks, and $6,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.30 percent, -1.42 percent, and -0.57 percent. What is your portfolio return? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Portfolio return %
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
Problem 1PS
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At the beginning of the month, you owned $5,000 of General Dynamics, $9,000 of Starbucks, and $6,000 of Nike. The monthly
returns for General Dynamics, Starbucks, and Nike were 6.30 percent, -1.42 percent, and -0.57 percent. What is your portfolio return?
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Portfolio return
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa7f21d5d-e597-4300-a9ae-a34be16ae7ec%2F30f26bf5-2b4e-4f07-9d5b-5e05fdedb311%2Frxl4lo_processed.png&w=3840&q=75)
Transcribed Image Text:s
At the beginning of the month, you owned $5,000 of General Dynamics, $9,000 of Starbucks, and $6,000 of Nike. The monthly
returns for General Dynamics, Starbucks, and Nike were 6.30 percent, -1.42 percent, and -0.57 percent. What is your portfolio return?
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Portfolio return
%
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