An analyst gathered the following information for a stock and market parameters: - stock beta = 1.37; - expected return on the Market = 9.04%; - expected return on T-bills = 3.3\%; - current stock Price =$6.82; - expected stock price in one year =$9.17; - expected dividend payment next year = $3.6. Calculate the expected return for this stock. Please share your answer as a percentage rounded to 2 decimal places