Use the following scenario analysis for stocks X and Y to answer the questions. Bear Normal Bull Market Market Market Probability 20.00% 45.00% 35.00% Stock X -13.00% 10.00% 28.00% Stock Y -26.00% 18.00% 46.00% Assume you have a $200,000 portfolio and you invest $75,000 in stock X and the remainder in stock Y. What is the expected return for this portfolio? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.