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 80% of his fund in your risky portfolio and the remaining 20% fund in T-bills. What is the expected return of your client's portfolio? a) 8.75% b) 10.3% c) 11.9% d) 12.5% Previous Page Next Page Page 17 of 25