Happy National Bank is thinking about adding a new branch in a very different market area. They estimate that the new office will have an expected return of 16% with a standard deviation of 8%. Currently they have an expected return of 12% with a standard deviation of 4%. The correlation between the new branch and the bank is estimated to be 20. The bank estimates that the new branch will represent 15 percent of the revenues of the bank. What is the expected return of the bank with the new branch? 12.6 percent 15.4 percent 4.6 percent 7.4 percent