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You manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 28%. The T-bill rate is 7%. Your
You manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 28%. The T-bill rate is 7%. Your client chooses to invest 60% of a portfolio in your fund and 40% in a T-bill money market fund. Which of the following is closest to expected return of your client's complete portfolio?
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