The table below presents performance data for two mutual funds over the last 5 years -- the Socially Responsible Fund, and the Diamonds Are Forever Resource Fund. The table also includes information on the returns of the market index and T-Bills over the same period. Use this information to answer the question that follows.

Return Standard Deviation Beta Responsible 14.7% 36% 2.2 Diamonds 11% 31.30% 2.7 Market 4.5% 13% 1 T-Bills 1% N/A N/A

If you had invested in the market portfolio and T-Bills in such a way as to match the beta of Diamonds Are Forever, then what return would you have earned?

The return on your portfolio would have been? round to two decimal places.