Previous Page Next Page Page 11 of 20 Question 21 (1 point) You own a portfolio that has $13,000 invested in a stock with a 9% expected return. $16,000 invested in a stock with a 12% expected return, and $11,000 invested in a stock with a 15% expected return. What is the expected return for this portfolio? 11.63% 11.78% 11.85% 12.15% 12.23% Question 22 (1 point) The price of a zero-coupon bond is an increasing function of: The default risk of the bond