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You hold a portfolio that has an expected return of 9.75% and a value of $85,000. You are in the process of buying 1,500 shares

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You hold a portfolio that has an expected return of 9.75% and a value of $85,000. You are in the process of buying 1,500 shares of ABC Corp at $10 a share and adding it to your portfolio ABC has an expected return of 12.5%. What is the expected return on the portfolio after the purchase of ABC stock? Do not round your intermediate calculations. O a. 10.27% O b.9.25% C. 10.16% d.9.98% e. 8.85%

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