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Below table shows different types of mutual funds with their corresponding total returns in year 2018, MUTUAL FUNDS Total return Equity funds Fixed income funds

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Below table shows different types of mutual funds with their corresponding total returns in year 2018, MUTUAL FUNDS Total return Equity funds Fixed income funds money market funds hybrid funds 18,5 6,5 3.5 11,5 Assume that you made an investment of $20,000 in mutual funds at the beginning of 2018. Since you are risk averse investor, you diversified your investment by placing 55000 in Equity funds, 56000 in Fixed-income funds, 55000 in Money market funds, and 54000 in Hybrid funds. What is the expected return for this portfolio? Please use ** (dotto seperate decimals. Please write only up to two digits after decimal point. (Wite in

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