An Investor Invests 30% of His Wealth in a Risky

An investor invests 30% of his wealth in a risky asset with an expected rate of return of 0.11 and a variance of 0.12 and 70% in a T-bill that pays 3%. His portfolio's expected return and standard deviation are __________ and __________, respectively.

A) 0.086; 0.242
B) 0.054; 0.104
C) 0.295; 0.123
D) 0.087; 0.182
E) None of the options are correct.