Kenneth is going to purchase two stocks to form the initial holdings in his portfolio. Iron stock has an expected return of 17 percent, while Copper stock has an expected return of 26 percent. (a) Your answer is correct. If Kenneth plans to invest 30 percent of his funds in Iron and the remainder in Copper, what will be the expected return from his portfolio? (Round answer to 1 decimal place, e.g. 17.5%.) Expected return 23.3 % e Textbook and Media Attempts: 1 of 3 used (b) x Your answer is incorrect. What would the expected return of David's portfolio invests 70 percent of his funds in Iron stock? (Round answer to 1 decimal place, e.g. 17.5%.) Expected return 23.3 %