Problem 9-13 Portfolio Return (LG9-7) Year-to-date, Oracle had earned a -1.39 percent return. During the same time period, Valero Energy earned 765 percent and McDonald's earned 0.42 percent If you have a portfolio made up of 15 percent Oracle, 20 percent Valero Energy, and 65 percent McDonald's, what is your portfolio return? (Round your answer to 2 decimal places.) Portolo return

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
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Problem 9-13 Portfolio Return (LG9-7)
Year-to-date, Oracle had earned a-1.39 percent return. During the same time period, Valero Energy earned 7.65 percent and
McDonald's earned 0.42 percent
If you have a portfolio made up of 15 percent Oracle, 20 percent Valero Energy, and 65 percent McDonald's, what is your portfolio
retum? (Round your answer to 2 decimal places.)
Portfolio return
el t
Pri
Transcribed Image Text:Book Problem 9-13 Portfolio Return (LG9-7) Year-to-date, Oracle had earned a-1.39 percent return. During the same time period, Valero Energy earned 7.65 percent and McDonald's earned 0.42 percent If you have a portfolio made up of 15 percent Oracle, 20 percent Valero Energy, and 65 percent McDonald's, what is your portfolio retum? (Round your answer to 2 decimal places.) Portfolio return el t Pri
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