Yeartodate Oracle had eamed a 150 percent return During the
Year-to-date, Oracle had eamed a -1.50 percent return. During the same time period, Valero Energy earned 7.98 percent and McDonald\'s earned 0.64 percent. If you have a portfolio made up of 30 percent Oracle, 35 percent Valero Energy, and 35 percent McDonald\'s, what is your portfolio return? (Round your answer to 2 decimal places.) Portfolio return
Solution
Portfolio return = 0.30 * -0.015 + 0.35 * 0.0798 + 0.35 * 0.0064
Portfolio return = 2.57%
