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You invested $11,000 in a portfolio with an expected return of 7.5 per cent and $24,000 in a portfolio with an expected return of 12.0

You invested $11,000 in a portfolio with an expected return of 7.5 per cent and $24,000 in a portfolio with an expected return of 12.0 per cent. The expected return of the combined portfolio is (as a percentage to two decimal places eg 2.881% is 2.88)) Select one: a. 10.59% b. 13.37% c. 8.00% d. 16.00%

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