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Assume that you manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 30%. The T-bill rate is

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Assume that you manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 30%. The T-bill rate is 3.5%. Your client chooses to invest 150% of his fund in your risky portfolio and borrow 50% of funds at T-bills rate. What is the standard deviation of your client's portfolio

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