You manage a risky portfolio with an expected rate of return of $19\%$ and a standard deviation of $34\%.$ The T$-$bill rate is $8\%.$

Your client chooses to invest $70\%$ of a portfolio in your fund and $30\%$ in an essentially risk$-$free money market fund. What are the expected return and standard deviation of the rate of return on his portfolio? $($Do not round intermediate calculations. Round "Standard deviation" to $2$ decimal places.$)$

$\backslash$table$[[,$Rate of Return$],[$Expected retum,$\%$