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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

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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 4.55% for the T-bills, 10.77% for the large-company stocks, and 15.13% for the small-company stocks, what is the expected return of the portfolio? The expected retum of the portfolio is %. (Round to two decimal places.)

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