$(4$ points$)$ Suppose that the expected return and standard deviation of the market are $8$ percent and

$16$ percent, respectively. Stock A has a standard deviation of $45$ percent and a correlation with the

market of $0\mathrm{.}55.$ What would the expected return of a portfolio that is equally split between stock $A,$ the

market and a risk$-$free Treasury bill be if the risk$-$free rate is $3\%?$