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At the beginning of the month, you owned $12,000 of Ford Motor, $18,000 of Netflix, and $20,000 of Wayfair. The monthly returns for Ford Motor,

At the beginning of the month, you owned $12,000 of Ford Motor, $18,000 of Netflix, and $20,000 of Wayfair. The monthly returns for Ford Motor, Netflix, and Wayfair were 1.50 percent, 1.0 percent, and 1.50 percent. What is your monthly portfolio return? What is your effective annual portfolio return?

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