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Jenny Davis inherited a $100,000 portfolio of investments from her grandparents when she turned 21 years of age. The portfolio is comprised of the following

Jenny Davis inherited a $100,000 portfolio of investments from her grandparents when she turned 21 years of age. The portfolio is comprised of the following three investments:

Investments Expected return (%) $ value

Treasury Bonds 3.2 35000

National Australia Bank 6.1 20000

Bendigo & Adelaide bank 13.7 45000

Based on the current portfolio composition and the given expected rates of return,What is the expected rate of return for Jenny's portfolio?

The expected rate of return is _____%

(Round to two decimal places.)

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