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You manage a risky portfolio with an expected rate of return of 21% and a standard deviation of 33%. The T-bill rate is 7% Your

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You manage a risky portfolio with an expected rate of return of 21% and a standard deviation of 33%. The T-bill rate is 7% 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.) Expected return Standard deviation Rate of Return % %

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