An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000will be invested in asset R, with an expected annual return of 12%; $10,000 will be invested in assetJ, with an expected annual return of 18%; and $15,000 will be invested in asset K, with an expected annual return of 8%. The expected annual return of this portfolio is
A) 10.00%.
B) 12.00%.
C) 12.67%.
D) unable to be determined from the information provided.

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The Answer of An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000will be invested in asset R, with an expected annual return of 12%; $10,000 will be invested in assetJ, with an expected annual return of 18%; and $15,000 will be invested in asset K, with an expected annual return of 8%. The expected annual return of this portfolio is
A) 10.00%.
B) 12.00%.
C) 12.67%.
D) unable to be determined from the information provided.

An Investment Advisor Has Recommended a $50,000 Portfolio Containing Assets