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Problem 9 - 1 3 Portfolio Return ( LG 9 - 7 ) At the beginning of the month, you owned $ 8 , 0

Problem 9-13 Portfolio Return (LG9-7)
At the beginning of the month, you owned $8,000 of General Dynamics, $7,000 of Starbucks, and $5,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.60 percent, -1.68 percent, and -0.70 percent. What is your portfolio return?
Note: Do not round intermediate calculations and round your final answer to 2 decimal places.
Portfolio return
%
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