You manage an equity fund with an expected risk premium of $10\mathrm{.}4\%$

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.$)$

$$What is the expected return $\%?$

What is the standard deviation $\%?$