Year-to-date, Oracle had earned a 12.57 percent return. During the same time period, Valero Energy earned -9.32 percent and McDonald's earned 3.45 percent. If you have a portfolio made up of 60 percent Oracle, 20 percent Valero Energy, and 20 percent McDonald's, what is your portfolio return?
A) 10.10 percent
B) 8.45 percent
C) 6.70 percent
D) 6.37 percent
Correct Answer:
Verified
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