Assume that you manage a risky portfolio with an expected rate of return of 14% and a standard deviation of 38% The T-bill rate is 5%. Your client chooses to invest 85% of a portfolio in your fund and 15% In a T-bill money market fund. a. What is the expected return and standard deviation of your client's portfolio? (Round your answers to 2 decimal places.) Expected retum Standard deviation 12.7 % per year 32.3 % per year b. Suppose your risky portfolio includes the following investments in the given proportions: Stock A Stock B Stock C 22% 31 47 What are the investment proportions of your client's overall portfolio, including the position in T-bills? (Round your answers to 1 decimal places.) Security T-Bills Stock A Stock B Stock C Investment Proportions 15.0 % 18.7 % 26.4 % 40.0 % c. What is the reward-to-volatility ratio (5) of your risky portfolio and your client's overall portfolio? (Round your answers to 4 decimal places.) Reward-to-Volatility Ratio 0.2368 Risky portfolio Client's overall portfolio