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

Fremont Enterprises has an expected return of 19% and Laurelhurst News has an expected return of 22%. If you put 57% of your portfolio in
Laurelhurst and 43% in Fremont, what is the expected return of your portfolio?
The expected return on the portfolio is
%.(Rounded to two decimal places.)
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