$3.$ Assume there are two risky assets in the securities market: stock A and stock B$.$ Stock A has an expected return of $20\%$ and a standard deviation of $28\%.$ Stock B has an expected return of $14\%$ and a standard deviation of $20\%.$ The rate of return of a risk$-$free asset is $5\%.$ The investor is not willing to bear more risk than the minimum$-$risk level of a portfolio composed of the two risky assets. The correlation between the stocks is $0\mathrm{.}2.$

$$ What is the expected return of the optimal portfolio for this investor? $[$NB$!$ Please provide your answer in percentage terms with two decimal places. For example, if the answer is $50\mathrm{.}1\%,$ type $50\mathrm{.}10]$Assume there are two risky assets in the securities market: stock A and stock B$.$

Stock A has an expected return of $20\%$ and a standard deviation of $28\%.$ Stock B

has an expected return of $14\%$ and a standard deviation of $20\%.$ The rate of

return of a risk$-$free asset is $5\%.$ The investor is not willing to bear more risk than

the minimum$-$risk level of a portfolio composed of the two risky assets. The

correlation between the stocks is $0\mathrm{.}2.$

$-$What is the expected return of the optimal portfolio for this investor?

$[$NB$!$ Please provide your answer in percentage terms with two decimal places.

For example, if the answer is $50\mathrm{.}1\%,$ type $50\mathrm{.}10.]$

Answer: