You own a portfollo that is $18$ percent Invested in Stock X$,33$ percent In Stock Y$,$ and $49$ percent In Stock Z$.$ The expected returns on these three stocks are $11$ percent, $14$ percent, and $16$ percent, respectively. What Is the expected return on the portfollo?

Note:Do not round Intermedlate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Expected return $$