Consider the following information concerning three portfolios, the market portfolio, and the risk-free asset:

Portfolio	RP		P		P
X	16.5	%	37	%	1.40
Y	15.5		32		1.15
Z	7.4		22		.70
Market	11.8		27		1.00
Risk-free	5.2		0		0

Assume that the correlation of returns on Portfolio Y to returns on the market is .88. What is the percentage of Portfolio Ys return that is driven by the market? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Ys return explained by market

%