Suppose Autodesk stock has a beta of 2.17?, whereas Costco stock has a beta of 0.73. If the? risk-free interest rate is 6 % and the expected return of the market portfolio is 12.0 %, what is the expected return of a portfolio that consists of 60 % Autodesk stock and 40 % Costco? stock, according to the? CAPM?
The expected return is ?%? (Round to two decimal? places.)