You 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		.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 .87. What percentage of Portfolio Ys return is driven by the market? (Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places.)

You 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		.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 .87. What percentage of Portfolio Ys return is driven by the market? (Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places.)

You 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		.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 .87. What percentage of Portfolio Ys return is driven by the market? (Enter your answer as a decimal not a percentage. Round your answer to 4 decimal places.)

	R-squared