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You managed a risky portfolio with an expected rate of return of 18% and a standard deviation of 58%. The T-bill rate is 2%. Your

You managed a risky portfolio with an expected rate of return of 18% and a standard deviation of 58%. The T-bill rate is 2%. Your client hope to achieve an expected return of 15% from his total investment. What proportion of your client's total investment should be invested in the risky portfolio? What is the expected standard deviation of your client's portfolio?

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