Rogelio’s portfolio is worth 74,000 dollars and has three stocks. It has 21,600 dollars of stock A, which has an expected return of 3.37 percent; it has 1,400 shares of stock B, which has a share price of 9.5 dollars and an expected return of 9.06 percent; and it has some stock C, which has an expected return of 14.98 percent. What is the expected return of Rogelio’s portfolio? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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