31.You own a portfolio that is invested 22 percent instock A 36 percent in stock B and the remainder in stock C. Theexpected returns on these stocks are 9.7 percent 14.5 percent and11.2 percent respectively. What is the expected return on theportfolio?A.12.48 percentB.12.97 percentC.13.11 percentD.13.33 percentE.12.06 percent
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