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You just finished the first quarter managing a portfolio for a client. The initial investment was $300,000 and at the end of the quarter the value was $316,250. Your performance is judged against a combination of U.S. and Non-U.S. equity indices. The U.S. index is the S\&P 500 and has a weight of 70%. The Non-U.S. index is the MSCI EAFE and has a weight of 30\%. For the quarter, the S\&P 500 Index rose from 1105.22 to 1170.76 , and the MSCI EAFE went from 879.32 to 921.44 . What is the return for the benchmark? (recurring content question) 5.36% 3.806 5.59% 4.21\% 5.37%