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Problem 9-13 Portfolio Return (LG9-7) At the beginning of the month, you owned $9,000 of General Dynamics, $4,000 of Starbucks, and $7,000 of Nike.
Problem 9-13 Portfolio Return (LG9-7) At the beginning of the month, you owned $9,000 of General Dynamics, $4,000 of Starbucks, and $7,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 8.00 percent, -1.76 percent, and -0.74 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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