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Andy holds a portfolio with the following securities: Security: Stock A Investment: 708,504 Return: 13.2% Security: Stock B Investment: 249,634 Return: 9.0% Security: Stock C

Andy holds a portfolio with the following securities:

Security: Stock A

Investment: 708,504

Return: 13.2%

Security: Stock B

Investment: 249,634

Return: 9.0%

Security: Stock C

Investment: 279,122

Return: 8.1%

Calculate the expected return of portfolio.

HINT: Round the answers to ONE decimal places in percentage form.

A) 10.2%

B) 11.2%

C) 10.1%

D) 12.2%

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