Portfolio Return. At the beginning of the month, you owned $6,000 of General Dynamics, $9,000 of Starbucks, and $5,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.00 percent, −1.56 percent, and −0.64 percent.
What is your portfolio return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)