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A portfolio contains three investments: $70,000 at 50k employees, $40,000 at 40 employees, and $10,000 at 20 employees, with returns of 5%, 6%, and 5.5% respectively. Calculate the weighted average return.
A portfolio contains three investments: $70,000 at 50k employees, $40,000 at 40 employees, and $10,000 at 20 employees, with returns of 5%, 6%, and 5.5% respectively. Calculate the weighted average return.