You have invested $12,000 in RBC stock,$8,000 in TD stock,and $6,000 in WestJet stock.If you expect the return on RBC to be 5% in the next year,the return on TD to be 3%,and the return on WestJet to be 8%,what is the expected return for your portfolio?
A) 5.4%
B) 4.8%
C) 5.1%
D) 5.33%
E) 5.2%
Correct Answer:
Verified
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