Consider the following information pertaining to ServiceNow Inc. $($a single stock$)$ and the market portfolio $($M$)$:

E$($R$)$Riskfree Asset $($R$\_$F$)0\mathrm{.}03?$ServiceNow$?0\mathrm{.}35$Market Portfolio $($M$)0\mathrm{.}120\mathrm{.}20$

The correlation between ServiceNow and the market portfolio is $0\mathrm{.}6.$

Carry forward at least $4$ decimal places and report your answer in percentage points without the percent sign$($example $10\mathrm{.}35$ for an expected return of $10\mathrm{.}35\%)$

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You have $$10,000$ to invest in a portfolio of the risk$-$free asset, ServiceNow, and the market portfolio. You settle on investing $$2500$ in the risk$-$free asset, $$4000$ in ServiceNow, and $$3500$ in the market portfolio.

$1)$ What is the expected return of this portfolio?