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Homework: Extra Credit Assignment Score: 0 of 1 pt 37 of 46 ( complete) P 12-3 (similar to) HNL has an expected return of 16%

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Homework: Extra Credit Assignment Score: 0 of 1 pt 37 of 46 ( complete) P 12-3 (similar to) HNL has an expected return of 16% and KOA has an expected return of 22%. If you create a portfolio that is 65% HNL and 35% KOA, what is the expected return of the portfolio? The expected return of the portfolio is % (Round to two decimal places.)

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