(Related to Chockpolint 8.1) (Computing the portfollo expected rato of retum) Penny Frencis irherited a \$200,000 ponfolio of investments from her prandparents when she turned 21 years of ape. The porttolio is comprised of Treasury bils and stock in Ford (F) and Harley Davidsen (HOO) a. Based on the current pertolio composition and the expected ratos of retum, what is the expected rate of retum for Penny/s portolin? b. If Penery wants to increase her expected portlolio rate of return, she can increase the allocated weight of the portlofio she has invested in stock (Ford and Harley Danidson) and decrease her. holdings of Treasury bils. If Penny moves all her money out of Treastiry bils and splits is evenly between tho hou stocks, what wall be her expected rate of return? c. If Penny does move money out of Treasury bils and into the two stocks, she will reap a higher expected portfolio rotum, so why would anyone want to hoid Treasury bils in their portfolio? a. Based on the ournent portsolio compostion and the given expected rates of retum, the expected rate of retum for Penrys portfolo is is. (Round to two decimal places) Data table