Fremont Enterprises has an expected return of 15% and Laurelhurst News has an expected return of 20%. If you put 70% of your portfolio in Laurelhurst and 30% in Fremont, what is the expected return of your portfolio? The expected return on the portfolio is%. (Rounded to two decimal places.)

return of your pontiolio? The expected return an the portchio is 6. Gronded te two decind pilaces)