Question $6$

$4$ pts

You own a portfolio that is invested $44$ percent in Stock A$,37$ percent in Stock B$,$ and the remainder in Stock C$.$ The expected returns on stocks $A,B,$ and $C$ are $11\mathrm{.}5$ percent, $15\mathrm{.}0$ percent, and $9\mathrm{.}0$ percent, respectively. What is the expected return on the portfolio? $($Type your answer as a percent, e$.$g$."10\mathrm{.}50"$ for $10\mathrm{.}5\%)$