1 Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate is 7%. 3 Your risky portfolio includes the following investments in the given proportions: 4 Stock A 5 Stock B Stock C Z 27% 33 40 3 Your client decides to invest in your risky portfolio a proportion (y) of his total investment budget with the remainder 10 in a T-bill money market fund so that his overall portfolio will have an expected rate of return of 15%. 1 a. What is the proportion y? (Round your answer to 1 decimal place.) 2 Proportion Y