At the beginning of the month, you owned $15,500 of General Motors, $4,500 of Starbucks, and $9,000 of Nike. The monthly returns for General Motors, Starbucks, and Nike were 7.10 percent, −1.36 percent, and −0.54 percent. What is your portfolio return?
A) −1.12 percent
B) 1.17 percent
C) 2.54 percent
D) 3.42 percent

Question

Quizplus · Accepted Answer

The Answer of At the beginning of the month, you owned $15,500 of General Motors, $4,500 of Starbucks, and $9,000 of Nike. The monthly returns for General Motors, Starbucks, and Nike were 7.10 percent, −1.36 percent, and −0.54 percent. What is your portfolio return?
A) −1.12 percent
B) 1.17 percent
C) 2.54 percent
D) 3.42 percent

At the Beginning of the Month, You Owned $15,500 of General