Your portfolio has three asset classes. U.S. government T-bills account for 44% of the portfolio, large-company stocks constitute another 32%, and small-company stocks make up the remaining 24%. If the expected returns are 3.22% for the T-bills, 11.21% for the large-company stocks, and 16.62% for the small-company stocks, what is the expected return of the portfolio? The expected return of the portfolio is \%. (Round to two decimal places.)