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R Homework: HW Set 5 Question 6, P 12-2 (similar to) HW Score: 27.27%, 3 of 11 points O Points: 0 of 1 Save Fremont

R Homework: HW Set 5 Question 6, P 12-2 (similar to) HW Score: 27.27%, 3 of 11 points O Points: 0 of 1 Save Fremont Enterprises has an expected retum of 15% and Laurelhurst News has an expected return of 22%. 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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