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Fremont Enterprises has an expected return of 16 % and Laurelhurst News has an expected return of 21%. If you put 41% of your portfolio

Fremont Enterprises has an expected return of 16 % and Laurelhurst News has an expected return of 21%. If you put 41% of your portfolio in Laurelhurst and 59% inFremont, what is the expected return of yourportfolio?

The expected return on the portfolio is____%.

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