A Portfolio Consists of Three Stocks

question 35

Multiple Choice

A portfolio consists of three stocks.There are 540 shares of Stock A valued at $24.20 share,310 shares of Stock B valued at $48.10 a share,and 200 shares of Stock C priced at $26.50 a share.Stocks A,B,and C are expected to return 8.3 percent,16.4 percent,and 11.7 percent,respectively.What is the expected return on this portfolio?

• A)12.50 percent
• B)11.67 percent
• C)12.78 percent
• D)12.47 percent
• E)11.87 percent