The following table of information has been provided to assist in answering this question: Security X Security Y Security z Expected Return 0.15 0.25 0.05 Standard Deviation 0.06 0.2 0.13 Beta 0.95 1.08 0.89 Your client is intending to invest 35% of their capital in Security X and the rest of their capital in Security Z. The correlation of returns between these two securities is 0.66. What is the expected return of the resulting portfolio? Round your answer to 4 decimal places