You own a portfolio that has $2,800 invested in Stock A, $3,250 invested in Stock B, and $6,500 invested in Stock C. The expected returns on these stocks are 14.7 percent, 10.5 percent, and 9.3 percent, respectively. What is the expected return on the portfolio?

Group of answer choices

11.96 percent

9.69 percent

10.82 percent

10.23 percent

11.12 percent