You manage an equity fund with an expected risk premium of 12.4% and a standard deviation of 38%. The rate on Treasury bills is 5.4%. Your client chooses to invest $120,000 of her portfolio in your equity fund and $80,000 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.)

Explanation:

On the client's portfolio (total investment = 120 K + 80 K = 200 K,  

                    = (12.4 %risk premium + 5.4 %risk free return) (120 K / 200 K) + 5.4 % (80 K / 200 K)

                    = 17.8 % 0.6 + 5.4 % 0.4

                    = 12.84 %.

                                                                  = 22.8 %.

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

answercold,maybe nuclear war;