Use the following portfolio information to answer this question.

Assets	Portfolio Allocation %	Expected Rate of Return	Expected Standard Deviation
Risk-Free Assets
T-Bills	20%	2.0%	0
Risky Assets
Bonds	50%	6.0%	10%
Stocks	30%	20.0%	34%

1. If you had $100,000 to invest in this portfolio, based on the allocation aboveincluding cashcompute the expected HPR% (use % and two decimals).

2. Assuming the correlation between stocks and bonds is negative (1), compute the standard deviation of the combined risky portfolio (please use two decimals rounded up/down and % i.e. 0.4056, answer 40.56)