(Computing the pertfolio expected rate of return) Penny Francis inhented a $200,000 portolo of investrsents from her grandpurents when she fumed 21 years of age. The portfolio is comprised of Treasury bills and stock in Ford (F) and Harley Davidson (HOG): a. Based on the current portfolio composition and the expected rates of return, what is the expected rate of retum for Ponnys portfolio? b. If Penny wants to increase her expected portfolio rate of retum, she can increase the allocated weight of the portifolio she has imvested in stock (Ford and Harley Daviduon) and dacrease her holdings of Troasury bills. If Penny moves all her money out of Treasury bils and splits it eventy betienen the two stocks, what wat be her expected rate of retum? c. If Penny does move money out of Treasury bilis and into the two stocks, she will reap a highor expected portlolio return, so why would anyone want to hold Treasury bills in thei portfolo? a. Basod on the current portfolio composition and the given expected rates of retum, the expected rate of retum for Penrys portfolio is K. (Round to two decimal places.) Data table