Question 17 1 pts Uncle Scrooge has a $250.000 portfolio invested for his grandnephews - Huey, Dewey and Louie. This portfolio is comprised of the following three investments: Expected Return Value ($) US T-bills 1.2% 65.000 American Express Co (AXP) 8.7% 137.000 Nike Inc (NKE 6.5% 48,000 (a) What is the expected rate of return for Uncle Scrooge's current portfolio? [2 marks] (b) if Uncle Scrooge wants to increase the expected rate of return of this portfolio, he should increase the amounts inwested in stocks and decrease the amount in US T-bills. How much would the expected rate of return increase by if Uncle Scrooge shifts all the money out of US T-bills and splits this money evenly between AXP and NKE instead? [3 marks Edit View Insert Format Tools Table 120 Paramah BIO 2