You are given the following information from your boss: Stock Bond E(r.) - Port Stan. Dev. Sharpe Ratio 100% 0% 8.00% 15.00% 0.400 80% 20% 7.20% 12.70% 0.409 60% 40% 6.40% 11.01% 0.399 40% 60% 5.60% 10.25% 0.351 20% 80% 4.80% 10.62% 0.264 0% 100% 4.00% 12.00% 0.167 Min Var. 36.36% 63.64% 5.45% 10.23% 0.338 Optimal 77.2% 22.8% 7.09% 12.42% 0.410 The information was calculated assuming a 2% risk free rate and a 0.20 correlation co-efficient. Assume your client would like to earn 6% on her money. What is the standard deviation of your clients 6% returning portfolio? Answer in percentages with 1 decimal point.m