You may attempt this question 3 more times for credit. Toyota Corp.'s stock is $35 per share. Its expected return is 24% and variance is 12%. Honda Corp.'s stock is $23 per share. Its expected retum is 18% and variance is 7%. Benz Corp.'s stock is $50 per share. Its expected return is 10% and variance 7%. What would be the expected return of a portfolio consisting of 50% Toyota and 50% Honda? Place your answer in percentage form, say 5.99% and not .0599 CHECK