A friend says that she expects to earn 13.50% on her portfolio with a beta of 2.25. You have a two asset portfolio including stock X and a risk free security. The expected return of stock X is 11.50% and the beta is 1.75. The expected return on the risk free security is 3.50%. If you construct your portfolio so that its beta is equal to the beta on your friends portfolio, then what is the expected return of your portfolio ?