Greg Has $10,000 to Invest in a Risk-Free Asset and the Market

Greg has $10,000 to invest in a risk-free asset and the market portfolio.The risk-free rate is 4.8 percent.The market portfolio has an expected return of 13.6 percent with a standard deviation of 15 percent.What are the expected return and standard deviation for a portfolio with 30 percent of the funds invested in the risk-free asset?

A) Expected return = 10.50%; standard deviation = 10.96%
B) Expected return = 10.96%; standard deviation = 10.50%
C) Expected return = 4.50%; standard deviation = 7.44%
D) Expected return = 7.44%; standard deviation = 4.50%