Assume That You Are Considering a Portfolio of Two Assets

Assume that you are considering a portfolio of two assets, A and B, with 40% invested in asset A and invested 60% in asset B. Assume also that the assets have the following statistics: $$\begin{array} { | l l l l | } \hline & \text { Return } & \text { Variance } & \text { Cavariance } \\\text { Astet A } & 20 \% & 0.20 & \\\text { Astet B } & 15 \% & 0.10 & - 0.01 \\\hline\end{array}$$ The portfolio expected return is ________ and the variance of the portfolio is _______.

A) Return = 20%
B) Return = 18%
C) Return = 17%
D) Return = 16%