What would be the expected rate of return

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You have $11,040 in an investment account that you plan to invest in a mutual fund. This fund has an expected rate of return of 12.0 percent and a standard deviation of 17 percent. You can borrow an additional $4,600 at a rate of 5.5 percent from your investment broker to purchase additional units in this mutual fund.

What would be the expected rate of return and standard deviation of your investment?

Reference no: EM131338166

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