Your uncle holds a portfolio consisting of a 25% allocation to a (risk-free) money market account that earns 3% per year and a 75% allocation to an ETF that tracks a broad stock index. Suppose you are informed that the standard deviation of the portfolio return equals 20% per year and the portfolio's Sharpe ratio is 0.4 Your uncle would like to alter his allocations to the ETF and risk-free asset to target a standard deviation of 30% per year. Provide answers to the following. Clearly label the parts in your typed response. Add a sketch of reasoning/steps if time permits (it will help with partial credit if something goes wrong). 1. What is the expected return on your uncle's current portfolio? (2 points)