Suppose the risk-free rate is 3.6 percent and the market portfolio has an expected return of 10.3 percent. The market portfolio has a variance of.0322. Portfolio Z has a correlation coefficient with the market of 22 and a variance of.3225 According to the capital asset pricing model, what is the expected return on Portfolio Z? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g, 32.16.) Expected return