You have $6,000 to invest and are deciding between investing in an equity mutual fund and Treasury bills. The fund has an expected return of 10% and a standard deviation of returns of 21%. T-bills have a return of 2%.

Part 1 If you put 74% into the mutual fund, what is your expected rate of return for the complete portfolio?

3+ decimals

Part 2 What is the standard deviation of returns if you put 74% into the mutual fund?