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Homework: Chapter 12 Homework 1 of 6 (4 complete) Score: 0 of 1 pt P 12-2 (similar to) Fremont Enterprises has an expected return of

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Homework: Chapter 12 Homework 1 of 6 (4 complete) Score: 0 of 1 pt P 12-2 (similar to) Fremont Enterprises has an expected return of 19% and Laurelhurst News has an expected return of 20%. If you put 54% of your portfolio in Laurelhurst and 46% in Fremont, what is the expected return of your portfolio? The expected return on the portfolio is %(Rounded to two decimal places.)

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