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
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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
%
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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