ABC Corporation: Expected Return = 10.18%, Beta = 1.06

XYZ Corporation: Expected Return = 12.69%, Beta = 1.41

Assume that both assets are priced correctly according to CAPM. Suppose that you would like to combine the assets into aportfolio with a Beta equal to 1.3

What is the expected return of the portfolio?

Expected Return of Portfolio = ______%

Express your answer in percentage terms, rounded to1 decimal place(ie 10.2)