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Assume that you are a portfolio manager. You manage a mutual fund with an expected return of 2 0 % and a standard deviation of

Assume that you are a portfolio manager. You manage a mutual fund with an expected return of 20% and a standard deviation of 32%. The T-bill rate (risk-free rate) is 4%.
Your client chooses to invest 70% in your fund and 30% in a T-bill.
What is the expected return of your client's portfolio?
What is the standard deviation of your client's portfolio?
What is the Sharpe ratio of your client'sportfolio?

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