QUESTION 7 An investment advisor has recommended a $70,000 portfolio containing assets K J, and $25,000 will be invested in asset R, with an expected annual return of 12 percent; $10,000 will be invested in asset J, with an expected annual return of 18 percent; and $15,000 wit be invested in asset K with an expected annual return of 8 percent. The expected annual return of this portfolio is QUESTION 7The value of a bond is the present value of the