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You have invested 20% of your money in Microsoft, 45% in GM, and the rest in Walmart. Walmart has an expected return of 14%, and
You have invested 20% of your money in Microsoft, 45% in GM, and the rest in Walmart. Walmart has an expected return of 14%, and the expected returns of Microsoft and GM are 12.65% and 3.12%, respectively. What is the expected return of your portfolio?
A. 7.58%
B. 8.83%
C. 9.56%
D. 10.00%
E. 12.34%
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