At the beginning of the month, you owned $6,900 of Company G, $9,300 of Company S, and $3,600 of Company N. The monthly returns for Company G, Company S, and Company N were 8.55 percent, -1.63 percent, and -.10 percent. What is your portfolio return? (Round intermediate calculations to 2 decimal places.)

At the beginning of the month, you owned $6,900 of Company G, $9,300 of Company S, and $3,600 of Company N. The monthly returns for Company G, Company S, and Company N were 8.55 percent, -1.63 percent, and -.10 percent. What is your portfolio return? (Round intermediate calculations to 2 decimal places.)

 

Total portfolio is $6,900 + $9,300 + $3,600 = $19,800
Company G weight= $6,900 / $19,800 = .35
Company S weight = $9,300 / $19,800 = .47
Company N weight = $3,600 / $19,800 = .18
So Portfolio Return is .35 × 8.55% + .47 × -1.63% + .18 × -.10% = 2.21%

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now