You decide to invest $40,000 in Nike stock, and $60,000 in Apple stock. If the expected return of Nike stock is 5%, and the expected return of Apple stock is 8%, what is the expected return of your portfolio? Formula 18 from the formula sheet A) 8.4% B 7.4% 6.8% D 5.896 3 Points Question 16 You decide to invest $20,000 in Amazon stock, and $80,000 in Tesla stock. If the Beta of Amazon stock is 1.1, and the Beta of Tesla stock is 1.3, what is the Beta of your portfolio? Formula 24 from the formula sheet 1.26 B 1.28 1.04 D 1.12