At the beginning of the month, you owned $5,000 of General Dynamics, $4,000 of Starbucks, and...

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At the beginning of the month, you owned $5,000 of General Dynamics, $4,000 of Starbucks, and $7,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.50 percent, -1.66 percent, and -0.69 percent. What is your portfolio return? Note: Do not round intermediate calculations and round your final answer to 2 decimal places. At the beginning of the month, you owned $5,000 of General Dynamics, $4,000 of Starbucks, and $7,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.50 percent, -1.66 percent, and -0.69 percent. What is your portfolio return? Note: Do not round intermediate calculations and round your final answer to 2 decimal places.

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Answer To calculate the portfolio return we need to first calcu... View the full answer