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Fremont Enterprises has an expected retum of 14% and Laurelhurst News has an expected return of 19%. If you put 60% of your portfolio in

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Fremont Enterprises has an expected retum of 14% and Laurelhurst News has an expected return of 19%. If you put 60% of your portfolio in Laurelhurst and 40% in Fremont, what is the expected retum of your portfolio? The expected retum on the portfolio in %. Rounded to two decimal places)

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