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Jacob is analyzing his investment portfolio, which consists of stocks and bonds. He has $300,000 invested in stocks and $200,000 invested in bonds. If his
Jacob is analyzing his investment portfolio, which consists of stocks and bonds. He has $300,000 invested in stocks and $200,000 invested in bonds. If his stocks yield an annual return of 8% and his bonds yield an annual return of 5%, calculate the weighted average return on his investment portfolio.
Determine the weighted average return on Jacob's investment portfolio.
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