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P13-2 Portfolio Expected Return [LO1] You own a portfolio that has $2,250 invested in Stock A and $3,550 invested in Stock B. If the expected

P13-2 Portfolio Expected Return [LO1] You own a portfolio that has $2,250 invested in Stock A and $3,550 invested in Stock B. If the expected returns on these stocks are 11 percent and 15 percent, respectively, what is the expected return on the portfolio?

Multiple Choice

13.72%

14.12%

13.00%

12.55%

13.45%

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