Question: Problem 9 - 7 Portfolio Return ( LG 9 - 7 ) Year - to - date, Oracle had earned a 1 . 4 3

Problem 9-7 Portfolio Return (LG9-7) Year-to-date, Oracle had earned a 1.43 percent return. During the same time period, Valero Energy earned 7.77 percent and McDonald's earned 0.50 percent. If you have a portfolio made up of 20 percent Oracle, 30 percent Valero Energy, and 50 percent McDonald's, what is your portfolio return? Note: Round your answer to 2 decimal places.

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