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41. You own a portfolio consisting of the securities shown below. The expected return for the next year is also provided. What is the expected

41. You own a portfolio consisting of the securities shown below. The expected return for the next year is also provided. What is the expected return on the portfolio?

Number Price Expected
Stock of shares per share return
J 400 63 .09
K 200 13 .11
L 800 38 -.12
M 300 24 .05

A. -1.12 percent B. 1.34 percent C. 1.42 percent D. 1.46 percent E. 1.53 percent

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