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

Question 101

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 percent
B) 1.17 percent
C) 2.54 percent
D) 3.42 percent

Correct Answer:

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