Question: Need help with this finance hw. Please show work in excel You have $1,000 of your own money to invest. You can borrow or lend

Need help with this finance hw. Please show work in excel

You have $1,000 of your own money to invest. You can borrow or lend at the risk-free rate of 2%. You want to invest in a mutual fund that has an expected return of 10% and a standard deviation of 30%. Suppose you borrow $1,000 and combine that with your own money to invest $2,000 in this mutual fund. What is the expected return and standard deviation of the portfolio that you have just created?

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