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You hold a portfolio that has an expected return of 9.75% and a value of $85,000. You are in the process of buying 1,500 shares

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You hold a portfolio that has an expected return of 9.75% and a value of $85,000. You are in the process of buying 1,500 shares of ABC Corp at $10 a share and adding it to your portfolio. ABC has an expected return of 12.5%. What is the expected return on the portfolio after the purchase of ABC stock? Do not round your intermediate calculations. a. 9.98% b.9.25% O c. 10.27% O d. 8.85% O e. 10.16%

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