gabbynambo1675 gabbynambo1675

18-03-2020
Business

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Year-to-date, Oracle had earned a −1.34 percent return. During the same time period, Valero Energy earned 7.96 percent and McDonald's earned 0.88 percent. If you have a portfolio made up of 30 percent Oracle, 25 percent Valero Energy, and 45 percent McDonald's, what is your portfolio return? (Round your answer to 2 decimal places.)

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anwar96iqbal anwar96iqbal

22-03-2020

Answer:

Portfolio Return is 1.98%.

Explanation:

Weighted Average Return is used for to Calculate Portfolio's Return.

Portfolio Return = (-0.0134 * .3) + (0.0796 * .25) + (0.0088 * .45)

= -0.00402 + 0.0199 + 0.00396 = .01984 = 1.98%.

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