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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

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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 portolio of 8.9\%, You are investing a total of $118.291. You will invest the folloming. amounts tinto the three funds: $26,869,$16,487,$25,819, the remainder you will invest in the riskfree assot. From your? research you expect fund B to return 7.74% and fund C to return 11.7%. The risk-frees retum curently is 2.4%. Given this information, what must be the expected return of fund A in order for the portalio to meet your target? Answer as a percentage to two decimals

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