Suppose you invest 20% of your portfolio in Campbell Soup and 80% in Boeing.The expected dollar return on your Campbell Soup stock is 3.1% and on Boeing is 9.5%. The standard deviations of their annualized daily returns are 15.8% and 23.7%, respectively. Assume a correlation coefficient of 1, calculate the portfolio expected rate of return.

Group of answer choices

19.22%

15.42%

8.22%

None of the above