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Fremont Enterprises has an expected return of 18% and Laurelhurst News has an expected return of 25%. If you put 70% of your portfolio in

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Fremont Enterprises has an expected return of 18% and Laurelhurst News has an expected return of 25%. 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.) You have $56,000. You put 21% of your money in a stock with an expected return of 14%, $30,000 in a stock with an expected return of 17%, and the rest in a stock with an expected return of 18%. What is the expected return of your portfolio? The expected return of your portfolio is %. (Round to two decimal places.)

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