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b) Amelia has $50,000 cash on hand today. She plans to set up an investment portfolio today. She wants to invest $11,000 in Share A and $13,000 in Bond B. The remaining amount will be invested in a 12-month term deposit which pays interest at 3% p.a. effective. Over the following 12 months, share A's expected return is 15%. Bond B's expected return is 6%. Calculate the expected return for Amelia's investment portfolio over the following 12 months. (Round your answer to the nearest 0.01%)