What is the expected return on the portfolio if it holds 12,500 shares of stock C, 12,000 shares of stock A, and 10,000 shares of Stock D? Possible stocks in the portfolio are the following:
Stock Expected Return Stock Price
A 15% $25
B 10 $18
C 22 $40
D 14 $20
A. 15.90 percent
B. 16.75 percent
C. 17.00 percent
D. 18.30 percent
E. 20.50 percent