You own a portfolio that has $2,800 invested in Stock A and $3,250 invested in Stock B. The expected returns on these stocks are 14.7 percent and 9.3 percent, respectively. What is the expected return on the portfolio? a) 12.06 percent
b) 11.13 percent
c) 11.80 percent
d) 11.41 percent
e) 12.36 percent

c) 11.80 percent

Explanation:

Particulars  Amount invested    WTS      Expected return   Portfolio return

Stock A             2,800               0.4628         14.7%                      6.80%

Stock B              3,250              0.5372          9.3%                       5.00%

                          6,050                  1                                                11.80%

WTS

A = 2,800/6050 = 0.4628

B = 3,250/6050 = 0.5372

you had 23.00$ because 28 - 5 = 23 then put it in dollar form

3,500 beverages

explanation: