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You buy 1,000 shares IBM stock for $106 and 500 shares of Starbucks stock for $86. IBM stock goes down in value to $90/share, while
You buy 1,000 shares IBM stock for $106 and 500 shares of Starbucks stock for $86. IBM stock goes down in value to $90/share, while Starbucks increases to $97/share. You do not sell or buy any additional shares. What is the return on your portfolio?
Enter as a percent and round to the nearest tenth of a percent.
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