You own a portfolio that is 20 percent invested in Stock A, 50 percent in Stock B, and 30 percent in Stock C. The expected returns on these three stocks are 9 percent, 12 percent and 8 percent, respectively. What is the expected return on the portfolio? (Do not found intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg. 3216) Multiple Choice 10.20% 8.32% 9.679