You have $$1,000,000$ to invest. You invested $$300,000$ in the stock of Microsoft and the remaining amount in Micron Technologies. The expected return on Microsoft stock is $15\%$ and the expected return on Micron technology stock is $20\%.$

What is the expected return on your portfolio?

You have $$1,000,000$ to invest. You invested $$300,000$ in the stock of Microsoft and the remaining amount in Micron Technologies. The expected return on Microsoft stock is $15\%$ and the expected return on Micron technology stock is $20\%.$

What is the expected return on your portfolio?

$18\mathrm{.}50\%$

$16\mathrm{.}5\%$

$17\mathrm{.}50\%$

$15\mathrm{.}00\%$