You form a portfolio of two stocks. The expected returns of the first and second stocks are E[r1]=0.08=8% and E[r2]=0.16=16%, respectively. The volatilities of the first and second stocks are (r1)=0.2=20% and (r2)=0.4=40%, respectively. The return correlation between the two stocks is =0.5. What is the expected return of your portfolio if you equal weight the two stocks in your portfolio? Express your answer in percentage terms rounded off to the nearest percent (e.g., if your answer is 0.9345 or 93.45%, write 93 in the answer box)