(Answered) At the beginning of the month you owned 7000 of news corp

Management Studies

At the beginning of the month, you owned $7,000 of News Corp, $4,000 of First Data, and $9,000 of Whirlpool. The monthly returns for News Corp, First Data, and Whirlpool were 8.40 percent, -2.63 percent, and 10.53 percent. What's your portfolio return? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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