Problem $9-14$ Portfolio Return $($LG$9-7)$

Year$-$to$-$date, Yum Brands had earned a $3\mathrm{.}20$ percent return. During the same time period, Raytheon earned $4\mathrm{.}33$ percent and Coca$-$Cola earned $-0\mathrm{.}48$ percent.

If you have a portfolio made up of $40$ percent Yum Brands, $20$ percent Raytheon, and $40$ percent Coca$-$Cola, what is your portfolio return? $($Round your answer to $2$ decimal places.$)$

Portfolio return