Consider the following probability distribution for stocks C and D: State Probability Expected Return Stock C Expected Return Stock D 1 .2 19% -9% 2 .5 11% 14% 3 .2 -16% 26% 4 .1 -30% 40% If you invest 25% of your money in C and 75% in D, what would be your portfolio's expected rate of return?

Group of answer choices none of the answers are correct

1. 11.58%

2.14.40%

3.5.93%

4. 9.27%