Consider the following information about expected returns for two securities$,$ Ravenwood Consulting and Brody Enterprises.

Probability Ravenwood Brody

Boom $45\%16\mathrm{.}80\%2\mathrm{.}00\%$

Neutral $25\%6\mathrm{.}70\%5\mathrm{.}60\%$

Bust $30\%-3\mathrm{.}30\%14\mathrm{.}80\%$

The expected return for a portfolio invested $60\%$ in Ravenwood and $40\%$ in Brody is: