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

Portfolio	RP		P		P
X	13.5	%	35	%	1.55
Y	12.5		30		1.20
Z	7.1		20		0.8
Market	10.6		25		1
Risk-free	4.4		0		0

Assume that the correlation of returns on Portfolio Y to returns on the market is 0.7. What is the percentage of Portfolio Ys return that is driven by the market? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Ys return explained by market

%