Question 5 True or Falese: A short position exposes you to unlimited liability. Not enough information False True You are a manager of a risky portfolio p (consists of bonds and stocks) with an expected return E(rp)=16% and standard deviation sick 22%. The risk free rate rf=7% and the standard deviation of the risk free asset is sdev =0% Your client chooses to invest 70% in your portfolio (p) and 30% (f) in the risk-free asset. What is the expected return of your cliecrs portfolio? Select the closest answer. 19.8% 18.4% 15.3% 13.3%