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HNL has an expected return of 20% and KOA has an expected return of 21%. If you create a portiolio that is 55% HNL and

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HNL has an expected return of 20% and KOA has an expected return of 21%. If you create a portiolio that is 55% HNL and 45% KOA. what is the expected retum of the portiolio? The expectod roturn of the portfolio is K. (Round to two decimal places.)

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