Assume that you manage a fund with an expected rate of return of 9% and a...

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Assume that you manage a fund with an expected rate of return of9% and a standard deviation of 21%. The T-bill rate is 3%. Supposeyour client would like to split her investment between your fundand T-bills so that she earns 12%. How much standard deviation doesshe need to take? (Provide your answer in percent rounded to twodigits

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Assume that you manage a fund with an expected rate of return of9% and a standard deviation of 21%. The T-bill rate is 3%. Supposeyour client would like to split her investment between your fundand T-bills so that she earns 12%. How much standard deviation doesshe need to take? (Provide your answer in percent rounded to twodigits

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