Consider the Following Table with Information on the Weightings and Expected

Consider the following table with information on the weightings and expected returns of two assets held by an FI. $$\begin{array} { | c | c | c | } \hline \text { Loan } i & \text { Weight } i & \text { Expected return } i \\\hline 1 & 0.35 & 12.35 \% \\\hline 2 & 0.65 & 10.25 \% \\\hline\end{array}$$ What is the expected return on the portfolio (round to two decimals) ?

A) (0.35 + 12.35) - (0.65 + 10.25) = 1.80%
B) (0.35 + 0.65) * (12.35 + 10.25) = 22.60%
C) (12.35 + 10.25) / 2 = 11.30%
D) 0.35 * 12.35 + 0.65 * 10.25 = 10.99%