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A portfolio is invested 15 percent in Stock G, 65 percent in Stock J, and 20 percent in Stock K. The expected returns on these

A portfolio is invested 15 percent in Stock G, 65 percent in Stock J, and 20 percent in Stock K. The expected returns on these stocks are 7 percent, 17 percent, and 25 percent, respectively. What is the portfolio's expected return?

Multiple Choice

  • 17.78%

  • 17.10%

  • 17.96%

  • 16.25%

  • 13.07%

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