The fraction of your wealth put into stocks

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Suppose “s” (the fraction of your wealth put into stocks) is 0.8 and that stocks have a return of 25 percent. If the return on bonds is 3 percent, what is the return on your wealth?

A. 25.0 percent

B. 20.6 percent

C. 19.4 percent

D. 28.0 Percent

Reference no: EM13850633

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