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Company Z has an expected return of 10%, and Company Y has an expected return of 30%. If you put 65% of your portfolio in
Company Z has an expected return of 10%, and Company Y has an expected return of 30%. If you put 65% of your portfolio in Company Y and 35% in Company Z, what is the expected return on your portfolio in percentage? (Please provide the numeric answer, in percentage, to 2 decimal places.)
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