20) You manage $1000 for your client and your client wants an expected return of 8%. What's the range of the money you invest in risk-free T-bill fund:? a) $200-$300 b) $300-$400 c) $400-$500 d) $500-$600 Use the following numbers for questions 19) and 20) There are three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5% The probability distributions of the risky funds are: Expected Return 14% 10% Standard Deviation 30% 20% Stock funds (S) Bond funds (B) The stock funds and Bond funds are independent (the correlation coefficient 19) Use the formula below to compute the optimal portfolio weights. What is the Sharpe ratio of the optimal risky portfolio? a) 0.29 b) 0.39 c) 0.49 d) 0.59