Currently, the risk$-$free return is $2$ percent, and the expected market rate of return is $12$ percent. What is the expected return of the following three$-$stock portfolio? Do not round intermediate calculations. Round your answer to two decimal places.

Investment Beta

$ $400,0001\mathrm{.}0$

$350,0000\mathrm{.}3$

$250,0002\mathrm{.}5$