At the beginning of the month, you owned $8,000 of Company G, $8,000 of Company S, and $3,000 of Company N. The monthly returns for Company G, Company S, and Company N were 7.80 percent, 1.50 percent, and -0.75 percent. What is your portfolio return?
A)2.85 percent
B)3.80 percent
C)4.03 percent
D)8.55 percent

Question

Quizplus · Accepted Answer

The Answer of At the beginning of the month, you owned $8,000 of Company G, $8,000 of Company S, and $3,000 of Company N. The monthly returns for Company G, Company S, and Company N were 7.80 percent, 1.50 percent, and -0.75 percent. What is your portfolio return?
A)2.85 percent
B)3.80 percent
C)4.03 percent
D)8.55 percent

At the Beginning of the Month, You Owned $8,000 of Company