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Your grandparents give you $1000 as a graduation gift; you decide to save $250 in bonds and $750 in Apple stock. If the return to
Your grandparents give you $1000 as a graduation gift; you decide to save $250 in bonds and $750 in Apple stock. If the return to the bonds is 3% and the return to Apple is 15%, find your overall return on wealth. Be sure to show your work. (Hint: use the return to wealth equation)
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