The required rate of return on the market is 7% and the risk-free rate is 2.5%. What rate of return should an investor expect on a portfolio of three stocks with the following amounts invested and corresponding beta values?

Stock	Amount	Beta
X	$1,250	1.75
Y	$1,750	1.2
Z	$900	0.6

 

Express your answer as a percent rounded to two decimal places (15.25 not 0.1525) and do not enter any symbols such as $, comma or %.