Linear Algebra for Quantitative Finance › Quiz

For beginning-of-period weights $\mathbf{w}=[0.5,0.3,0.2]^T$ and same-period simple asset returns $\mathbf{r}=[0.04,-0.02,0.01]^T$, what is the fully invested portfolio simple return if holdings are unchanged within the period and there are no cash flows or trading costs?