Question 16 Assume that you manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 24%. The T-bill rate is 4%. Your client chooses to invest 50% of her money in your portfolio and 50% in T-bill. What is the expected rate of return and standard deviation for your client's investment? 1. 14%; 24% 2. 10%; 12% 3. 9%; 16% 4. 9%; 12% 5. 8%; 10%