What Is the Expected Return of the Three Stock Portfolio

Multiple Choice

What is the expected return of the three stock portfolio described below? $$\begin{array} { l c c } \text { Common Stock } & \text { Market Value } & \text { Expected Return } \\\hline \text { Lupko Inc. } & 50,000 & 13 \% \\\text { Mackey Co. } & 25,000 & 9 \% \\\text { Nippon Inc. } & 75,000 & 14 \%\end{array}$$

A) 12.04%
B) 12.83%
C) 13.07%
D) 15.89%
E) 17.91%