You analyze the prospects of several companies and come to the following conclusions about the expected return on each:

Starbucks - Expected return = 18%.

Sears - Expected return = 8%.

Microsoft - Expected return = 16%.

Limited Brands - Expected return = 12%.

You decide to invest $4,000 in starbucks, $6,000 in Sears, $12,000 in Microsoft, and $3,000 in Limired Brands. What is the expected return on your portfolio?