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Fremont Enterprises has an expected return of 2 0 % and Laurelhurst News has an expected return of 1 9 % . If you put

Fremont Enterprises has an expected return of 20% and Laurelhurst News has an expected return of 19%. If you put 42% of your portfolio in Laurelhurst and 58% in Fremont, what is the expected retum of your portfolio?
The expected return on the portfolio is %.(Rounded to two decimal places.)
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