Assume that you manage a risky portfolio with an expected rate of return of $14\%$ and a standard deviation of $46\%.$ The T$-$bill rate is $4\%.$ Your client chooses to invest $85\%$ of a portfolio in your fund and $15\%$ in a T$-$bill money market fund.

Required:

a$.$ What are the expected return and standard deviation of your client's portfolio? $($Round your answers to $1$ decimal place.$)$

$\backslash$table$[[$Expected retum,$\%$ per year$],[$Standard dei,rear$]]$

b$.$ Suppose your risky portfolio includes the following investments in the given proportions:

$\backslash$table$[[$Stock A$,30\%$