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An investment portfolio is shown below.


Investment Amount Invested ROR
Savings Account $2,600 1.7%
Municipal Bond $3,700 3.2%
Preferred Stock $575 12.9%
Common Stock A $1,225 −5.6%


Using technology, calculate the weighted average ROR of the investments. Round to the nearest tenth of a percent.
2.1%
3.1%
5.9%
7.5%

Respuesta :

Parrain

Based on the investment portfolio given, the weighted average ROR of the investments would be 2.1%

What is the weighted average?

First, find the total portfolio value:

= 2,600 + 3,700 + 575 + 1,225

= $8,100

The weighted average Rate of Return (ROR) on the investments is:

= (2,600 / 8,100 x 1.7%) + (3,700 / 8,100 x 3.2%) + (575 / 8,100 x 12.9%) + (1,225 / 8,100 x -5.6%)

= 2.076

= 2.1%

Find out more on weighted average rate at https://brainly.com/question/28000301

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