The expected return of Pepsico stock is

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

Suppose the risk-free return is 3.86% and the market portfolio has an expected return of 10.14% and a standard deviation of 16.57%. Pepsico stock has a beta of 0.98. What is its expected retum? 00/0. (Round to two decimal places.) The expected retum of Pepsico stock is