The expected returns on Stock A, Stock B, and Stock C are 10%, 20%, and 16%, respectively. If a portfolio is 32% invested in Stock A, 20% invested in Stock B, and 48% invested in Stock C, what is the expected return on this portfolio? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response