In a market where the CAPM holds, there is an optimal portfolio that has an expected return of 16.81% and a standard deviation of 22.20%. The interest rate for both deposits and loans is 4.75% and the standard deviation of the market portfolio is 18.50%. Calculate the market portfolio's expected return. Enter your answer in percentages and round to two decimal places, is your answer e.g. 7.2623% then answer 7.26.