You manage a risky portfolio with an expected rate of return of $10\%$ and a standard deviation of $29\%.$ The T$-$bill rate is $3\%.$

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.