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Bar trades collectible sneakers. She owns a portfolio of hundreds of shoes allocated as follows: 35% Nikes 50% Addidas 15% Skechers Based on recent sales
Bar trades collectible sneakers. She owns a portfolio of hundreds of shoes allocated as follows:
35% Nikes
50% Addidas
15% Skechers
Based on recent sales on the internet, the value of each brand of sneaker has changed by the following percentages:
Nikes -30%
Addidas 32%
Skechers 26%
What is the weighted average return of her portfolio? Enter the return in percent without the (%), rounding to the nearest 0.00%.
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