Question
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
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.)
Portfolio return-------------%?
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
