You hold a portfolio with the following securities:

Security	Portfolio weight	Beta	Expected Return
Driscol Corporation	12%	3.2	40%
Evening Corporation	43%	1.7	21%
Frolic Corporation	45%	0.2	7%

The expected portfolio return is Blank 1. Calculate the answer by read surrounding text._________ %. Round to the nearest 0.01% (drop the % symbol). E.g., if your answer is 21.93%, record it as 21.93.