Suppose Autodesk stock has a beta of 2.15, whereas Costco stock has a beta of 0.72. If the risk-free interest rate is 6.5% and the expected return of the market portfolio is 14.0%, what is the expected return of a portfolio that consists of 70% Autodesk stock and 30% Costco stock, according to the CAPM? The expected return is | %. (Round to two decimal places.)