Problem $5-18($Algo$)$

Required:

You manage an equity fund with an expected risk premium of $10\mathrm{.}4\%$ and a standard deviation of $18\%.$ The rate on Treasury bills is $5\%.$ Your client chooses to invest $$45,000$ of her portfolio in your equity fund and $$55,000$ in a T$-$bill money market fund. What are the expected return and standard deviation of your client's portfolio? $($Round your answers to $2$ decimal places.$)$

$\backslash$table$[[$Expected Return,$\%$