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A retirement portfolio consists of 45% growth stocks, 20% income bonds and the rest invested into a money market savings account. Last year returns were
A retirement portfolio consists of 45% growth stocks, 20% income bonds and the rest invested into a money market savings account. Last year returns were 7.9% for the growth stocks, -1.7% for the income bonds and 0.3% for the money market savings account. What was this portfolio's last year total return?
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