16) You have invested 15 per cent of your portfolio in Homer, Ltd., 18 per cent in Marge Co., and the rest of in Bart Re

[answerhappygod]

16)
You have invested 15 per cent of your portfolio in Homer, Ltd.,
18 per cent in Marge Co., and the rest of in Bart Resources. What
is the expected return of your portfolio if Homer, Marge, and Bart
have expected returns of 5.7 per cent, 11.0 per cent, and 19.4 per
cent, respectively? (as a percentage to two decimal places;
eg 2.881% is 2.88))
a.
2.84%
b.
16.33%
c.
15.83%
d.
16.86%