As the chief investment officer for a money management firm specializing in taxable individual investors, you are trying to establish a strategie asset allocation for two different dients. You have established that Ms. A has a risk tolerance factor of , while Mr.Bhas a risk tolerance factor of 22. The characteristics for four model portfolios follow ASSET MIX Portfolio Stock Bond ER 9 911 7 22 70 9 9 69 11 10 14 00 20 11 24 a. Calculate the expectes utility of each prospective portfolio for each of the two clients. Do not round intermediate calculations. Round your answers to two decimal places Portfolio Ms. A Mr. B 1 2 3 b. Which portfolio represents the optimal strategic allocation for Ms. A7 Which portfolio is optimal for Mt B7 Portfolio Selet represents the optimal strategic allocation for Ms. A. Portfolio Select is the optimal allocation for Me B. c. For Me A, what level of risk tolerance would leave her indifferent between having Portfolio 1 or Portfolio 2 as her strategic location Round your answer to the nearest whole number