Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the process of buying 1,000 shares of ABC Inc. at $10 a share and adding it to your portfolio. ABC has an expected return of 21.5% and a beta of 1.70. The total value of your current portfolio is $90,000. What will the expected return in percentage be after the purchase of the ABC's stock? Do not round your intermediate calculations. Answer just the number without the % sign. Round to two decimal places