An investor splits her $100,000 budget between four stocks: A, B, C, and D. Specifically, she invests $40,000 of her budget in stock A, $30,000 in stock B, and the remaining portion of her investment budget was equally split between stocks C and D. Stock A has an expected return of 21% and a standard deviation of return of 39%. Stock B has an expected return of 19% and a standard deviation of return of 21%. Stock C has an expected return of 15% and a standard deviation of return of 15%. Stock D has an expected return of 14% and a standard deviation of return of 13%. The correlation coefficient between the returns of A and B is.82. The risk-free rate of return is 4%. What is the expected return on the risky portfolio is? Submit your answer in percentages, rounding up to the second decimal point (in XX.XX format)