Consider a two-factor APT model. Based on historical estimates, you determine that the risk premium for the first factor is 3.45% and the risk premium on the second factor is 11.34%. For a particular asset, the response coefficient for the first factor is 1 and the response coefficient for the second factor is -0.1. The rate of return on the zero-beta (risk-free) asset is 3.8%. What is the expected return for the asset? Submit your final answer as a percentage and round to two decimal places (Ex. 0.00%).