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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: $12,000 Walmart: $5,500...
Assume you own a portfolio of four stocks. You invested the following amounts in each of the four stocks:
McGraw-Hill: $12,000
Walmart: $5,500
General Dynamics: $10,500
Fitbit: $2,000
During the year, your stocks earned the following: McGraw-Hill 4.50%, Walmart -7.50%, General Dynamics 3.25%, and Fitbit 15.00%
What was your portfolio return during the year?
