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At the beginning of the month, you owned $1,921 of General Electric, $2,275 of Microsoft, and...

At the beginning of the month, you owned $1,921 of General Electric, $2,275 of Microsoft, and $2,061 of Netflix. The monthly returns for General Electric, Microsoft, and Netflix were 4.0 percent, 6.0 percent, and -5.0 percent. What is your portfolio return?  ROUND YOUR ANSWER TO TWO DECIMAL PLACES.

Solutions

Expert Solution

Total value=(1921+2275+2061)=$6257

Portfolio return=Respective return*Respective weight

=(1921/6257*4)+(2275/6257*6)+(2061/6257*-5)

=1.76%(Approx)

jeff jeffy answered 2 years ago
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