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You are building a portfolio for yourself. You will invest in three mutual funds (A,B, and C) and the risk-free asset. You want to have

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You are building a portfolio for yourself. You will invest in three mutual funds (A,B, and C) and the risk-free asset. You want to have an expected return for the total portfolio of 9.3\%. You are investing a total of $107,460. You will invest the following amounts into the three funds: $26,932,$15,540,$27,005, the remainder you will invest in the risk-free asset. From your research you expect fund B to return 7.7% and fund C to return 11.0%. The risk-free's return currently is 3.9%. Given this information, what must be the expected return of fund A in order for the portfolio to meet your target? Answer as a percentage to two decimals

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