A portfolio is invested 23 percent in Stock G, 38 percent in Stock J, and 39 percent in Stock K. The expected returns on these stocks are 10 percent, 12.5 percent, and 17.9 percent, respectively. What is the portfolios expected return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Expected return ___________ %