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You form a portfolio that consists of 30 percent investment ABC and 70 percent investment XYZ. Probability 0.2 0.5 ABC Return 20% 15% -10% XYZ

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You form a portfolio that consists of 30 percent investment ABC and 70 percent investment XYZ. Probability 0.2 0.5 ABC Return 20% 15% -10% XYZ Return 40% 20% 35% 0.3 According to the probability distribution above, the portfolio's expected return is A. 23.7% B. 21.8% C. 19.3% D.20.1% E. 22.5%

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