You have a portfolio worth $103,500 with an expected return of 12 percent. The portfolio has $18,500 invested in stock O, $26,300 invested in stock P, with the remainder in stock Q. The expected return on stock O is 16.2 percent, and the expected return on stock P is 12.9 percent. What is the expected return on stock Q?
a) 10.8 percent
b) 11.6 percent
c) 12.0 percent
d) 12.3 percent
