Assume a portfolio is invested 25% in Stock A, 29% in Stock B, and 46% in Stock C. If the expected returns on Stock A, Stock B, and Stock C are 11%, 23%, and 17%, respectively, what is the expected return for this portfolio?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39.