You own a portfolio that is 36% invested in Stock X, 26% in Stock Y, and 38% in Stock Z. The expected returns on these three stocks are 10%, 16%, and 12%, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Portfolio expected return %

You own a portfolio that is 36% invested in Stock X, 26\% in Stock Y, and 38% in Stock Z. The expected returns on these three stocks are 10\%, 16\%, and 12\%, respectively. What is the expected return on the portfollo? (Do not round intermediote calculations. Round the final answer to 2 decimal ploces.) Portfolio expected return