Two investments, X and Y, have the following characteristics
E(X) = $60, E(Y) = $200, V(X) = 9,000, V(Y) = 15,000, and COV (X,Y) = 7,500
If the weight of portfolio assets assigned to investment X is 40%, compute the portfolio expected return
A. $144
B. $50
C. $260
D. $130