The expected return on A is 12%; the expected return on B is 15%. What is the expected return of a portfolio that contains one-third A and the remainder B?
A) 12%
B) 14%
C) 15%
D) 13.5%

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The Answer of The expected return on A is 12%; the expected return on B is 15%. What is the expected return of a portfolio that contains one-third A and the remainder B?
A) 12%
B) 14%
C) 15%
D) 13.5%

The Expected Return on a Is 12%; the Expected Return