A portfolio contains 3 stocks with expected returns of 12%, 15%, and 9%, with corresponding weights of 30%, 35%, and 35%, respectively. What is the expected return of the portfolio?
A) 12%
B) 13%
C) 14%
D) 15%

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The Answer of A portfolio contains 3 stocks with expected returns of 12%, 15%, and 9%, with corresponding weights of 30%, 35%, and 35%, respectively. What is the expected return of the portfolio?
A) 12%
B) 13%
C) 14%
D) 15%

A Portfolio Contains 3 Stocks with Expected Returns of 12