Ask Question
22 November, 20:51

Year-to-date, Oracle had earned a - 1.38 percent return. During the same time period, Valero Energy earned 7.62 percent and McDonald's earned 0.40 percent. If you have a portfolio made up of 35 percent Oracle, 30 percent Valero Energy, and 35 percent McDonald's, what is your portfolio return?

+2
Answers (1)
  1. 22 November, 21:36
    0
    1.94%

    Explanation:

    The computation of portfolio return is shown below:-

    Portfolio return = Sum of (return from stock * Weight of stock)

    = (-1.38 * 35%) + (7.62 * 30%) + (0.40 * 35%)

    = 0.483 + 2.286 + 0.14

    = 1.94%

    Therefore for computing the portfolio return we simply multiply the sum of return from stock with sum of weight of stock.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Year-to-date, Oracle had earned a - 1.38 percent return. During the same time period, Valero Energy earned 7.62 percent and McDonald's ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers