Exhibit 73
Use the Information Below for the Following Problem(S)

Multiple Choice

Exhibit 7.3
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c } A sset (A) & \text { A sset (B) } \\\hline \left( R _ { A } \right) = 9 \% & E \left( R _ { B } \right) = 11 \% \\\left( \sigma _ { A } \right) = 4 \% & \left( \sigma _ { B } \right) = 6 \% \\W _ { A } = 0 .4 & W _ { B } = 0 .6 \\C O V _ { A , B } = 0 .0011\end{array}$$

-Refer to Exhibit 7.3.What is the expected return of a portfolio of two risky assets if the expected return E(R?) ,standard deviation (s?) ,covariance (COV?,?) ,and asset weight (W?) are as shown above?

A) 8.95%
B) 9.30%
C) 9.95%
D) 10.20%
E) 10.70%