2. Use the data for questions a - e. You manage a risky portfolio with expected rate of return of 20% and standard deviation of 31% The T-bill rate is 9% a) Your client chooses to invest 75% of a portfolio in your fund and 25% in a T-bill money market fund. What is the expected value and standard deviation of the rate of return on his portfolio? b) Suppose that your risky portfolio includes the following investments in the given proportions: Stock A: 27%, Stock B: 32%, and Stock C 41% What are the investment proportions of your client's overall portfolio, including the position in T-bills? c) What is the reward to variability ratio(S) of your risky portfolio? Your client's? d) Draw the CAL of your portfolio. What is the slope of CAL? Show the position of your Clint on your fund's CAL. e) Your client's degree of risk aversion is A=3.2. What proportion, w, of the total investment should be invested in your fund? What is the expected value and standard deviation of the rate of return on your client's optimized portolio 1