Your portfolio has three asset classes. U.S. government T-bills account for 45% of the portfolio, large-company stocks constitute another 39%, and small-company stocks make up the remaining 16%. If the expected returns are 2.63% for the T-bills, 8.98% for the large-company stocks, and 13.93% 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.)