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Fremont enterprises has an expected return of 16% and Laurel Hurst news news has an expected return of 25%. If you put 55% of your

Fremont enterprises has an expected return of 16% and Laurel Hurst news news has an expected return of 25%. If you put 55% of your portfolio in Laurel Hurst and 45% in Fremont, what is the expected return of your portfolio? ( Round to 2 decimal places)

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