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Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 38%. The T-bill rate is

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Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 38%. The T-bill rate is 6%. Your client chooses to invest 85% of a portfolio in your fund and 15% in an essentially risk-free money market fund. What is the expected value and standard deviation of the rate of return on his portfolio? (Do not round intermediate calculations. Round your answers to 1 decimal place.) Expected return Standard deviation

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