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You are contemplating a $100,000 investment portfolio containing three different assets. You plan to invest $10,000 and $90,000 in assets A and B, respectively. A

You are contemplating a $100,000 investment portfolio containing three different assets. You plan to invest $10,000 and $90,000 in assets A and B, respectively. A and B have expected annual returns of 12% and 16%, respectively. The expected return of this portfolio is ______%? Round it to two decimal places.

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