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At the beginning of the month, John Sigmund owned $4,000 of Kris, Inc.s common stock, $1,000 of Gary Inc.s common stock and $5,000 of Farnie,
At the beginning of the month, John Sigmund owned $4,000 of Kris, Inc.s common stock, $1,000 of Gary Inc.s common stock and $5,000 of Farnie, Inc.s common stock. The monthly returns for Kris, Gary and Farnie were 11.0%, 5.0% and -2.0% respectively. What was Johns portfolios return for the month? a. 6.10%
b. 5.00%
c. 3.90%
d. 6.30%
e. 5.90%
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