At the beginning of the year, you owned ($5,000) of Disney stock, ($10,000) of Bank of New
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At the beginning of the year, you owned \($5,000\) of Disney stock, \($10,000\) of Bank of New York stock, and \($15,000\) of IBM stock. During the year, Disney, Bank of New York, and IBM returned –4.8 percent, 19.4 percent, and 12.8 percent, respectively. What is your portfolio’s return?
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