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Problem 9-13 Portfolio Return (LG9-7) Year-to-date, Oracle had earned a 1.39 percent return. During the same time period, Valero Energy earned 7.65 percent and McDonald's
Problem 9-13 Portfolio Return (LG9-7) Year-to-date, Oracle had earned a 1.39 percent return. During the same time period, Valero Energy earned 7.65 percent and McDonald's earned 0.42 percent. If you have a portfolio made up of 15 percent Oracle, 20 percent Valero Energy, and 65 percent McDonald's,
what is your portfolio return? (Round your answer to 2 decimal places.)
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