Joel Foster is the portfolio manager of a $3 million hedge fund that contains $2.1 million stock A and $0.9 million stock B. The beta is 0.5 for stock A and and 0.75 for stock B. The market return is 11% and the risk-free rate is 5%. What rate of return should investors expect on this fund?

a. 17.15%

b. 11.33%

c. 8.45%

d. 15.35%