Question

Use the table to answer the question that follows.

ROR Portfolio 1 Portfolio 2 Portfolio 3
4.3% $3,525 $751 $965
–3.4% $800 $1,475 $3,570
9.7% $2,130 $1,155 $2,880
2.7% $1,050 $955 $3,660
11.4% $230 $1,005 $700


Calculate the weighted mean of the RORs for each portfolio. Which list shows a comparison of the overall performance of the portfolios, from worst to best?

Portfolio 1, Portfolio 2, Portfolio 3
Portfolio 2, Portfolio 1, Portfolio 3
Portfolio 3, Portfolio 1, Portfolio 2
Portfolio 3, Portfolio 2, Portfolio 1