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Fairmont Enterprises has an expected return of 1 9 % , and Laval News has an expected return of 2 5 % . If you

Fairmont Enterprises has an expected return of 19%, and Laval News has an expected return of 25%. If you put 58%
of your portfolio in Laval and 42% in Fairmont, what is the expected return of your portfolio?
Expected return on the portfolio is %.(Round to two decimal places.)
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