What is chris average return for the year

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Chris had $80,000 in investments at the beginning of the year that consisted of a diversified portfolio of stocks (30 percent); bonds (50 percent) and cash equivalents (20 percent). His returns over the past 12 months were 6 percent on stocks, 3 percent on bounds and 1 percent on cash equivalents.

What is Chris's average return for the year?

Calculate the amount of stocks, bonds and cash equivalents in his portfolio today.

Reference no: EM132504010

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