Nancy works as a wealth manager. A new client has provided Nancy with the following

information about their portfolio:

What is the beta of the client's portfolio?

$29\%$ of Roger's portfolio is stock of Netflix. The rest is in stock of Target. Netflix's beta is

$1\mathrm{.}72,$ and Target's beta is $0\mathrm{.}49.$ The current risk$-$free rate is $2\%,$ and the expected return

for the S&P $500$ is $9\%.$ What is the expected return of Roger's portfolio?