Assume that you are going to invest $200,000 in a two asset portfolio. You will invest $150,000 in the fully diversified market portfolio and the remainder of your funds will be invested in the riskless security. Assume the market risk premium is 7.50% and the riskless return is 4%. Compute the expected return on this portfolio

Respond in percentage form without the percent sign and round to the second decimal place. Thus, 26.789% would be written as 26.79