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Agent Fox Mulder wants to form a XY Files portfolio consisting of 70% Stock X and 30% Stock Y. What is the XY Files portfolio

Agent Fox Mulder wants to form a XY Files portfolio consisting of 70% Stock X and 30% Stock Y. What is the XY Files portfolio expected return?

Probability /X/ Y

0.2/ -20%/ 10%

0.6/ 20/ 15

0.2/ 40/ 20

A. 15.7% B. 15.0% C. 21.3% D. 24.0% E. 16.0%

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