You construct a portfolio containing two stocks, X and Y.You invest 70% of your funds in Stock X and the remainder in Stock Y.Stock X has an expected return of 7.4% and has a standard deviation of 5.1%.Stock Y has an expected return of 14.4% and has a standard deviation of 11.4%.The correlation between the two stocks is 5.5.What is the expected return on the portfolio (as a percentage to 2 decimal places)?