You have created a portfolio. You invested 24% of your wealth in stock A and remainder of your wealth you invested in stock B. There are two possible states of the world. The bad state has a 20% probability of occurring and the good state has a 80% probability of occurring. Stock A will have a return of 11.1% in the bad state and Stock A will have a return of 21.0% in the good state. Stock B will have a return of 6.1% in the bad state and Stock B will have a return of 11.8% in the good state. What is the expected return on the portfolio? Your answer should be shown as a percentage and it should be accurate to two decimal places