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You manage a risky portfolio with an expected rate of return of 13% and a standard deviation of 30%. The T-bill rate is 4%. Your

You manage a risky portfolio with an expected rate of return of 13% and a standard deviation of 30%. The T-bill rate is 4%. Your client chooses to invest 75% of a portfolio in your fund and 25% in an essentially risk-free money market fund. What are the expected return and standard deviation of the rate of return on his portfolio? Note: Round your answers to 2 decimal places

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