Portfolio Return
At the beginning of the month, you owned $6,000 of General Dynamics, $5,000 of Starbucks, and $9,000 of Nike. The monthly returns for General Dynamics, Starbucks, and Nike were 7.10 percent, −1.58 percent, and −0.65 percent. What is your portfolio return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Portfolio return =