Suppose that you have $1 million and the following two opportunities from which to construct a portfolio: Required: a. Risk-free asset earning 9% per year: b. Risky asset with expected return of 33% per year and standard deviation of 43% If you construct a portiolio with a standard deviation of 34%, what is its expected rate of return? Note: Do not found your intermediate calculations. Round your answer to 1 decimal place