Question $7$

$5$ pts

An investment advisor has recommended a $$100,000$ portfolio containing assets R$,$ J$,$ and $K$;$$60,000$ will be invested in asset $R,$ with an expected annual return of $15$ percent; $$25,000$ will be invested in asset $J,$ with an expected annual return of $4$ percent; and $$15,000$ will be invested in asset $K,$ with an expected annual return of $8$ percent. The expected annual return of this portfolio is

$12\mathrm{.}6\%$

$11\mathrm{.}6\%$

$14\mathrm{.}3\%$

$11\mathrm{.}8\%$