average return

average return
Samantha Rennakker’s $50,000 in investments at the beginning of the year consisted of a diversified portfolio of stocks (40 percent), bonds (40 percent), and cash equivalents (20 percent). Her returns over the past 12 months were 13 percent on stocks, 6 percent on bonds, and 4 percent on cash equivalents.
(a) What is Samantha’s average return for the year?
(b) If Samantha wanted to rebalance her portfolio to its original position, what specific actions should she take?

average return