Your retirement portfolio comprises 200 shares of the S&P 500 fund (SPY) and 100 shares of iShares Barclays Aggregate Bond Fund (AGG). The price of SPY is

$138

and that of AGG is

$101.

If you expect the return on SPY to be

11%

in the next year and the return on AGG to be

9%,

what is the expected return for your retirement portfolio?

A.

158.7%

B.

10.46%

C.

9.42%

D.

10.99%