In January 2013, a security analyst estimates, the following returns might be expected on four large companies:- (2.5) Expected Return,

PSO 9%

PPL 17%

Engro 33%

HBL 23%

If we formed a Rs.1,000,000 portfolio, investing 100,000, 200,000, 490,000 and 210,000 respectively in each of the stocks mentioned above, what would be the expected portfolio return?