Asset Allocation Across Risky and Risk Free Portfolios An investor finds that the risk free rate = 4.00% when the expected return and standard deviation of a risky portfolio is 13% and 24% respectively. If the investor places 60.00% of their money in the risky portfolio and the rest in the risk free asset the resulting complete portfolio expected return is ______ and the standard deviation is ______.

11.03%; 12.92%

9.40%; 14.40%

7.80%; 11.80%

8.69%; 12.30%