An investor has a retirement portfolio comprised of 3 assets: cash, bonds and stocks.

The asset allocation (weights) of the retirement portfolio is as follows: Cash: 8%, Bonds: 16%, and the rest is Stocks.

The expected returns of the assets in the retirement portfolio:

Asset	Expected Return (E(R))
Cash	3.52%
Bond	4.94%
Stock	9.34%

What is the expected return for this portfolio?

Enter the answer as a decimal (with 2 decimal places). For example 8% = 0.08.