Fund A Fund B

Expected Ret. $-E(r),11\mathrm{.}4\%,8\mathrm{.}8\%$

Standard Deviation $-,18\mathrm{.}5\%,10\mathrm{.}6\%$

Using the data from the table above, calculate the expected return of a portfolio invested $50\%$ in

Fund A and $50\%$ in Fund B$.$

Note: Enter your answer in percentages rounded to the nearest one digit after the decimal point.

For example, if the expected return is $15\mathrm{.}437\%$ or $0\mathrm{.}15437,$ enter it as: $15\mathrm{.}4$