How much is the overall rate of return for the portfolio

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Reference no: EM131543952

Give the solution with detail calculations.

A year ago, an investor invested $4,000 in the stock of IBM, $4,000 in the stock of GE, and $2,000 in the stock of Microsoft. The rate of return is 10% for IBM, 12% for GE, and 15% for Microsoft. How much is the overall rate of return for the portfolio?

Reference no: EM131543952

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