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UPS, a delivery services company, has a beta of 1.23, and Wal-Mart has a beta of 2.26. The risk-free interest rate is 5.9%, and the

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UPS, a delivery services company, has a beta of 1.23, and Wal-Mart has a beta of 2.26. The risk-free interest rate is 5.9%, and the market risk premium is 7.1\%. What is the expected return on a portfolio with 33% of its money in UPS and the balance in Wal-Mart? Please input your response in percent rounded to two decimal places without the percent sign

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