Your portfolio has three asset classes. U.S. government T-bills account for 49% of the portfolio, large-company stocks constitute another 38%, and small-company stocks make up the remaining 13%. If the expected returns are 2.94% for the T-bills, 11.99% for the large-company stocks, and 16.71% for the small-company stocks, what is the expected return of the portfolio? The expected return of the portfolio is: