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Portfolio A has a covariance with Portfolio B of .09 and a covariance with the market of .06 while the standard deviation of the market

Portfolio A has a covariance with Portfolio B of .09 and a covariance with the market of .06 while the standard deviation of the market is 20%. What is the expected return on Portfolio A if the risk free rate is .04 (4%) and the expected return on the market is 12%?

Do not enter the % sign. Give your answer as a percentage with accuracy to two decimal places.

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