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An investor invests 40 percent of his wealth in a risky asset with an expected rate of return of 0.15 and a variance of 0.04

An investor invests 40 percent of his wealth in a risky asset with an expected rate of return of 0.15 and a variance of 0.04 and 60 percent in a T-bill that pays 6 percent. His portfolio's expected return and standard deviation are __________ and __________, respectively.

A.

0.096; 0.12

B.

0.295; 0.12

C.

0.795; 0.14

D.

0.114; 0.12

E.

0.096; 0.08

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