Reg owns investment A and 1 bond B. The total value of his holdings is $2,820. Bond B has a coupon rate of 8.80 percent, par value of $1000, YTM of 9.42 percent, 14 years until maturity, and semi-annual coupons with the next coupon due in 6 months. Investment A is expected to pay annual cash flows to Reg of $312 per year forever with the first annual cash flow expected in 1 year from today. What is the expected return for investment A? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.