You manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 36%. The T-bill rate is 6%.

Your client chooses to invest 75% of a portfolio in your fund and 25% in an essentially risk-free money market fund. What is the expected return and standard deviation of the rate of return on his portfolio? (Do not round intermediate calculations. Round "Standard deviation" to 1 decimal place.)

	Rate of Return
Expected return		%
Standard deviation		%