At the Beginning of the Month, You Owned $15,500 of General

Multiple Choice

At the beginning of the month, you owned $15,500 of General Motors, $4,500 of Starbucks, and $9,000 of Nike. The monthly returns for General Motors, Starbucks, and Nike were 7.10 percent, -1.36 percent, and -0.54 percent. What is your portfolio return?

A) -1.12%
B) 1.17%
C) 2.54%
D) 3.42%