The Expected Return of a Portfolio of Risky Securities

Multiple Choice

The expected return of a portfolio of risky securities

A) is a weighted average of the securities' returns.
B) is the sum of the securities' returns.
C) is the weighted sum of the securities' variances and covariances.
D) is a weighted average of the securities' returns and the weighted sum of the securities' variances and covariances.
E) None of the options are correct.