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27 A portfolio consists of $38,312 of Stock A, $42,509 of Stock B, and $11,516 of Stock C. The expected returns on Stocks A, B,

27 A portfolio consists of $38,312 of Stock A, $42,509 of Stock B, and $11,516 of Stock C. The expected returns on Stocks A, B, and C are 6.85 percent, 12.08 percent, and 15.92 percent, respectively. What is the portfolio expected rate of return? A. 11.21% B. 11.88% C. 9.98% D. 10.39%

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