One year ago, Ming allocated the funds in her portfolio among five securities in the proportions listed below. The rate of (total) return on each security for the year is given in the third column of the table. Calculate the rate of return for the entire portfolio.

Question

One year ago, Ming allocated the funds in her portfolio among five securities in the proportions listed below. The rate of (total) return on each security for the year is given in the third column of the table.  Calculate the rate of return for the entire portfolio.

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The Answer of One year ago, Ming allocated the funds in her portfolio among five securities in the proportions listed below. The rate of (total) return on each security for the year is given in the third column of the table.  Calculate the rate of return for the entire portfolio.

One Year Ago, Ming Allocated the Funds in Her Portfolio