You hold a portfolio with the following securities:

Security	Portfolio weight	Beta	Expected Return
Driscol Corporation	29%	3.3	38%
Evening Corporation	49%	1.7	20%
Frolic Corporation	22%	0.2	5%

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.