You have $50,000. The minimum investment in Company M is $60,000. You borrow $10,000 from a bank at 0.05 interest rate and invest $60,000 in Company M. Expected return on Company M is 0.10 with a standard deviation of 0.20.

1.What is the expected return on your investment? (Enter your answer in the x.xx form)

2.What is the standard deviation of your investment? Enter your answer in the x.xx form.

3. What is the maximum proportion x you can invest in Company M if you are willing to accept the standard deviation of 0.30? Enter your answer in the x.xx form.

4. What is the maximum expected return you can get if you accept the standard deviation of 0.30 or less? Round to the second decimal point and enter your answer in the x.xx form.