An analyst has modeled the stock of a company using the Fama-French three-factor model. The market return is 10%, the return on the SMB portfolio (r_SMB) is 2.1%, and the return on the HML portfolio (r_HML) is 5.3%. If a_i = 0, b_i = 1.2, c_i = -0.4, and d_i = 1.3, what is the stock's predicted return? Do not round intermediate calculations. Round your answer to two decimal places.