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QUESTION
Assume you own a portfolio of four stocks. You invested the following amounts in each of the four stocks: McGraw-Hill: $15,000 Walmart: $9,500...
Assume you own a portfolio of four stocks. You invested the following amounts in each of the four stocks:
McGraw-Hill: $15,000
Walmart: $9,500
General Dynamics: $8,500
Fitbit: $21,000
During the year, your stocks earned the following: McGraw-Hill 8.50%, Walmart -3.50%, General Dynamics 9.25%, and Fitbit -11.50%
What was your portfolio return during the year?
