Question: David Brown has $ 1 7 , 8 8 5 . 0 0 invested in American Cyanamid, $ 2 8 , 2 0 8 .

David Brown has $17,885.00 invested in American Cyanamid, $28,208.00 in Gannett Company, and $24,564.00 in Texas International. If American Cyanamid has an expected return of 25.54%, Gannett an expected return of 27.22%, and Texas International an expected return of 19.22%, what is the portfolio's expected return? (Answer the number of percentage, e.g, if your answer is 10%, answer 10 in the answering area. Do not round intermediate calculations. Round your answer to 2 decimal places.)

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