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ou are given the following information concerning three portfolios, the market portfolio, and the risk-free asset: Portfolio R P P P X 15.5 % 36

ou are given the following information concerning three portfolios, the market portfolio, and the risk-free asset:

Portfolio RP P P
X 15.5 % 36 % 1.35
Y 14.5 31 1.15
Z 7.4 21 0.60
Market 11.7 26 1.00
Risk-free 7.0 0 0

Assume that the correlation of returns on Portfolio Y to returns on the market is 0.87. What is the percentage of Portfolio Ys return that is driven by the market? (Round your answer to 4 decimal places.)

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