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Due to the current economy, Gee Raffe has redistributed her investments to reflect the higher risk. Now, Gee has invested $2,000 in a portfolio with
Due to the current economy, Gee Raffe has redistributed her investments to reflect the higher risk. Now, Gee has invested $2,000 in a portfolio with an expected return of 14 percent and $3,000 in a portfolio with an expected return of 10 percent.
What is the expected return of Gee's combined portfolio?
O 11.6%
O 12.4%
O 13.0%
O 13.6%
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