What Is the Expected Return of the Three Stock Portfolio

Multiple Choice

What is the expected return of the three stock portfolio described below? $$\begin{array} { l c c } \text { Common Stock } & \text { Market Value } & \text { Expected Return } \\\hline \text { Del ton Inc. } & 50,000 & 10 \% \\\text { Efley Co. } & 40,000 & 11 \% \\\text { Grippon Inc. } & 60,000 & 16 \%\end{array}$$

A) 14.89%
B) 16.22%
C) 12.66%
D) 13.85%
E) 16.99%