Question $16$

You own a portfolio that is $6$ percent invested in Stock W$,28$ percent invested in Stock X$,33$ percent in Stock $Y.$ invested in Stock $Z.$ The expected returns on these three stocks are $1$ percent, $5\mathrm{.}42$ percent, $12\mathrm{.}07$ percent, and respectively. What is the expected return on the portfolio?

$($Do not round any intermediate calculations. List your answer as a percent, round your final answer to $2$ decim in the box below.$)$