You Own a Portfolio That Has $2,800 Invested in Stock

Multiple Choice

You own a portfolio that has $2,800 invested in Stock A and $3,250 invested in Stock B. The expected returns on these stocks are 14.7 percent and 9.3 percent, respectively. What is the expected return on the portfolio?

A) 12.06 percent
B) 12.36 percent
C) 11.80 percent
D) 11.13 percent
E) 11.41 percent