If the famous baseball player for the San Francisco Midgets, Larry Ponds, has a $\frac{2}{5}$ chance of earning a walk on each plate appearance, what is the probability that he will earn a walk exactly once in his next two plate appearances? Express your answer as a common fraction.
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You are a helpful assistant.<|im_end|>
<|im_start|>user
If the famous baseball player for the San Francisco Midgets, Larry Ponds, has a $\frac{2}{5}$ chance of earning a walk on each plate appearance, what is the probability that he will earn a walk exactly once in his next two plate appearances? Express your answer as a common fraction.
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
\frac{12}{25}
If the famous baseball player for the San Francisco Midgets, Larry Ponds, has a $\frac{2}{5}$ chance of earning a walk on each plate appearance, what is the probability that he will earn a walk exactly once in his next two plate appearances? Express your answer as a common fraction.
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