Suppose the risk$-$free return is $4\mathrm{.}00\%$ and the market portfolio has an expected return of $10\mathrm{.}00\%$ and a standard deviation of $16\mathrm{.}00\%.$ Pepsico stock has a beta of $0\mathrm{.}73.$ What is its expected return?

The expected return of Pepsico stock is

$\%.($Round to two decimal places.$)$