At the beginning of the month, you owned $7,000 of News Corp, $5,000 of First Data,...

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Finance

At the beginning of the month, you owned $7,000 of News Corp,$5,000 of First Data, and $8,000 of Whirlpool. The monthly returnsfor News Corp, First Data, and Whirlpool were 8.70 percent, ?2.66percent, and 10.83 percent. What’s your portfolio return?(Do not round intermediate calculations. Round your answerto 2 decimal places.)

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Ans $ 1342.40

Stock	INVESTMENT (i)	Return (ii)	Investment* Return (i)* (ii)
News Corp	7,000	8.70%	609.00
First Data	5,000	-2.66%	(133.00)
Whirlpool	8,000	10.83%	866.40
Total	20,000		1,342.40

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At the beginning of the month, you owned $7,000 of News Corp,$5,000 of First Data, and $8,000 of Whirlpool. The monthly returnsfor News Corp, First Data, and Whirlpool were 8.70 percent, ?2.66percent, and 10.83 percent. What’s your portfolio return?(Do not round intermediate calculations. Round your answerto 2 decimal places.)

At the beginning of the month, you owned $7,000 of News Corp, $5,000 of First Data,...

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60.1K

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Finance

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