Three investment portfolios are shown below.
ROR Portfolio 1 Portfolio 2 Portfolio 3
−3.8% $700 $1,250 $1,025
2.1% $2,575 $1,700 $500
11.3% $220 $1,515 $790
5.8% $1,000 $1,345 $250
1.6% $1,430 $1,675 $2,500
Using technology, calculate the weighted average of the RORs for each portfolio. Based on the results, which list shows a comparison of the overall performance of the portfolios, from best to worst?
Portfolio 1, Portfolio 3, Portfolio 2
Portfolio 2, Portfolio 3, Portfolio 1
Portfolio 1, Portfolio 2, Portfolio 3
Portfolio 3, Portfolio 2, Portfolio 1
