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FC and MC are both service companies. Their stock returns for the past three years were as follows: FC: - 1 9 percent, 4 6

FC and MC are both service companies. Their stock returns for the past three years were as follows: FC: -19 percent, 46 percent, 30 percent; MC: 12 percent, 18 percent, 21 percent. If FC and MC are combined into a portfolio with 50 percent of the funds invested in each stock, calculate the expected return on the portfolio.
A)17 percent
B)18 percent
C)16 percent
D)19 percent
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