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Year-to-date, Sum Brands had earned a 3.20 percent return. During the same time period, Raytheon earned 4.33 percent and Coca-Cola earned 0.48 percent. If you
Year-to-date, Sum Brands had earned a 3.20 percent return. During the same time period, Raytheon earned 4.33 percent and Coca-Cola earned 0.48 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.)
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