Year-To-Date, Company Y Had Earned a 10

Multiple Choice

Year-to-date, Company Y had earned a 10.8 percent return. During the same time period, Company R earned 12.20 percent and Company C earned −1.56 percent. If you have a portfolio made up of 45 percent Y, 35 percent R, and 20 percent C, what is your portfolio return?

A) 7.15 percent
B) 8.19 percent
C) 8.82 percent
D) 9.44 percent