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Fremont Emerpriees has an expected roburn of 20% and Laurehurst Nows has an expected roturn of 23%, if you put 45% of your portolio in

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Fremont Emerpriees has an expected roburn of 20% and Laurehurst Nows has an expected roturn of 23%, if you put 45% of your portolio in Laurehurst and 55% in Fremont, what is the expected returm of your portolio? The expected retien on the portfolio is (Rounded to two decimal placess)

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