At the Beginning of the Month, You Owned $8,000 of Company

Multiple Choice

At the beginning of the month, you owned $8,000 of Company G, $8,000 of Company S, and $3,000 of Company N. The monthly returns for Company G, Company S, and Company N were 7.80 percent, 1.50 percent, and −0.75 percent. What is your portfolio return?

A) 2.85 percent
B) 3.80 percent
C) 4.03 percent
D) 8.55 percent