Xander Owns the Following Portfolio of Stocks A) 393%
B) 6

question 19

Multiple Choice

Xander owns the following portfolio of stocks. What is the return on his portfolio? $$\begin{array} { c c c } \text { Stock } & \text { Amount Invested } & \text { Return on Stock } \\\hline \mathrm { L } & \$ 7,000 & - 8.0 \% \\\mathrm { M } & \$ 10,000 & 9.5 \% \\\mathrm {~N} & \$ 2,600 & 14.6 \%\end{array}$$

• A) 3.93%
• B) 6.61%
• C) 10.76%
• D) 9.97%

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