You analyze the prospects of several companies and come to the following conclusions about the expected return on each:
Starbucks - Expected return = 18%.
Sears - Expected return = 8%.
Microsoft - Expected return = 16%.
Limited Brands - Expected return = 12%.
You decide to invest $4,000 in star bucks, $6,000 in Sears, $12,000 in Microsoft, and $3,000 in Limited Brands. What is the expected return on your portfolio?