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Fremont Enterprises has an expected return of 1 9 % and Laurelhurst News has an expected return of 2 4 % . If you put

Fremont Enterprises has an expected return of 19% and Laurelhurst News has an expected return of 24%. If you put 41% of your portfolio in Laurelhurst and 59% in Fremont, what is the expected return of your portfolio?
The expected return of the portfolio is %.(Rounded to two decimal places.)
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