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You have an investment portfolio consisting of three assets: Asset A: $50,000 invested, with a return of 8%. Asset B: $30,000 invested, with a return
- You have an investment portfolio consisting of three assets:
- Asset A: $50,000 invested, with a return of 8%.
- Asset B: $30,000 invested, with a return of 12%.
- Asset C: $20,000 invested, with a return of 6%.
- Calculate the weighted average return of the portfolio.
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