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You are constructing a portfolio from two assets. The first asset has an expected return of 9.2% and a standard deviation of 6.4%. The second

You are constructing a portfolio from two assets. The first asset has an expected return of 9.2% and a standard deviation of 6.4%. The second asset has an expected return of 14.6% and a standard deviation of 13.91%. You plan to invest 48% of your money in the first asset, and the rest in asset 2. If the assets have a correlation coefficient of 0.64, what will the expected return of your portfolio be? (Enter your answer as a percentage, i.e. if the answer is 5%, type 5, not 0.05)

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