Xander Owns the Following Portfolio of Stocks A) 393%
B) 6

Multiple Choice

Xander owns the following portfolio of stocks. What is the return on his portfolio? $$\begin{array} { c c c } \text { Stock } & \text { Amount Invested } & \text { Return on Stock } \\\hline \mathrm { L } & \$ 7,000 & - 8.0 \% \\\mathrm { M } & \$ 10,000 & 9.5 \% \\\mathrm {~N} & \$ 2,600 & 14.6 \%\end{array}$$

A) 3.93%
B) 6.61%
C) 10.76%
D) 9.97%