A portfolio manager is interested in constructing a portfolio using three asset classes: U.S. stocks, U.S. bonds, and foreign stocks. The expected return, for U.S. stocks is 12%, for U.S. bonds 8% and for foreign stock 18%. The portfolio manager decides to construct a portfolio that is 1/3 in U.S. stocks, 1/3 in U.S. bonds, and 1/3 in foreign stocks. Using the weights specified by the portfolio manager, the expected return for the portfolio constructed by the manager is closest to: O 8.34% O 12.67% O 18.96% 0 20.12%