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You manage a risky portfolio with an expected rate of return of 13% and a standard deviation of 28%. The T-bill rate is 2%. Your

image text in transcribed You manage a risky portfolio with an expected rate of return of 13% and a standard deviation of 28%. The T-bill rate is 2%. Your client chooses to invest 60% of a portfolio in your fund and 40% 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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