Question $5$

$2\mathrm{.}5pts$

Tim has an investment portfolio including $$25,000$ stocks, $$25,000$ bonds, $$50,000$ cash. Stocks have $4\mathrm{.}7\%$ return, bonds $3\mathrm{.}1\%,$ and cash $1\mathrm{.}8\%.$ What is his portfolio's weighted average return?

$2\mathrm{.}9\%$

$1\mathrm{.}5\%$

$3\mathrm{.}6\%$

$4\mathrm{.}0\%$