Suppose you invest $21,800 by purchasing 200 shares of Abbott Labs (ABT) at $55 per share, 200 shares of Lowes Companies, Inc. (LOW) at $34 per share, and 100 shares of Ball Corporation (BLL) at $40 per share. Suppose over the next year Ball Corporation has a return of 15.5%, Lowes Companies has a return of 20%, and Abbott Labs has a return of -12%. a) What is the portfolio return over the year
