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Homework Help!! Fremont Enterprises has an expected return of 15% and Laurelhurst News has an expected return of 21%. If you put 60% of your

image text in transcribedHomework Help!!

Fremont Enterprises has an expected return of 15% and Laurelhurst News has an expected return of 21%. If you put 60% of your portfolio in Laurelhurst and 40% 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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