Problem $13-2$ Portfolio Expected Return $[$LO$1]$

You own a portfolio that has $$2,200$ invested in Stock A and $$3,200$ invested in Stock B$.$ If the expected returns on these stocks are $7$ percent and $10$ percent, respectively, what is the expected return on the portfolio? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Portfolio expected return