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Determining the portfolio return

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Reference no: EM131861981

Year-to-date, Yum Brands had earned a 3.30 percent return. During the same time period, Raytheon earned 4.38 percent and Coca-Cola earned -0.49 percent.

If you have a portfolio made up of 30 percent Yum Brands, 20 percent Raytheon, and 50 percent Coca-Cola, what is your portfolio return? (Round your answer to 2 decimal places.)

Reference no: EM131861981

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