Question: Eric has a mutual fund portfolio including 5 0 % stocks, 4 0 % bonds, and 1 0 % cash. Stocks have 7 % return,

Eric has a mutual fund portfolio including 50% stocks, 40% bonds, and 10% cash. Stocks have 7% return, bonds -4%, and cash 1%. What is his portfolio's weighted average return?
4.7%
2.0%
5.2%
3.9%
 Eric has a mutual fund portfolio including 50% stocks, 40% bonds,

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