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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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