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Required: You manage a stock fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is
Required: You manage a stock fund with an expected risk premium of 13% and a standard deviation of 44%. The rate on Treasury bills is 6.6%. Your customer chooses to invest $90,000 of his portfolio in your stock fund and $60,000 in a T-bill money market fund. What are the expected return and standard deviation of your customers portfolio? (Round your answers to 2 decimal places.)
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