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What is portfolio return

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Reference no: EM131753017

At the beginning of the month, you owned $5,000 of General Dynamics, $7,000 of Starbucks, and $8,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 6.10 percent, -1.38 percent, and -0.55 percent. What is your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131753017

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