Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
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%
