You have a portfolio that is 25 percent invested in Stock R, 25 percent invested in Stock S, with the remainder in Stock T. The expected return on these stocks is 7.6 percent, 9.0 percent, and 11.3 percent, respectively. What is the expected return on the portfolio?

Multiple Choice

• 9.55%

• 10.33%

• 9.80%

• 9.30%

• 8.53%