You Own A Portfolio That Is 36 Percent Invested In Stock X, 26 Percent

You own a portfolio that is 36 percent invested in Stock X, 26 percent in Stock Y, and 38 percent in Stock Z. The expected returns on these three stocks are 10 percent, 16 percent, and 12 percent, respectively. What is the expected return on the portfolio? (Round your answer to 2 decimal places. (e. g. , 32. 16)) Portfolio expected return %