A bank is considering adding a new branch. Currently, the bank has a return of 10 percent with a

standard deviation of 6 percent. The branch they are considering adding is expected to have a

return of 18 percent with a standard deviation of 10 percent. The correlation between what they

have now and the new branch is expected to be .1. The new branch is expected to account for 20

percent of the combined bank. What is the expected return of the bank combined with the new

branch?