You manage an equity fund with an expected risk premium of 10.4% and a standard deviation of 18%. The rate on Treasury bills is 5%. Your client chooses to invest $45,000 of her portfolio in your equity fund and $55,000 in a T-bill money market fund. What is the expected return and standard deviation of return on your client's portfolio? (Round your answers to 2 decimal places.) Expected return % Standard deviation %