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Q12) an investment advisor has recommended to create a portfolio containing assets R,J and K; 15,000 will be invested in asset R, with an expected

Q12) an investment advisor has recommended to create a portfolio containing assets R,J and K; 15,000 will be invested in asset R, with an expected annual return of 10 percent; 20,000 will be invested in asset J, with an expected annual return of 8%, and 25,000 will be invested in asset K, with an expected annual return of 9 percent, the expected annual return of this portfolio is

A)9%

B)8.91%

C)9.04%

D)unable to be determined from the information provided

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