Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 28%. The T-bill rate is 4%. Your client chooses to invest 80% of a portfolio in your fund and 20% 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.)

b. Suppose your risky portfolio includes the following investments in the given proportions:

Stock A	20	%
Stock B	30
Stock C	50

What are the investment proportions of your clients overall portfolio, including the position in T-bills? (Round your answers to 1 decimal places.)

c. What is the reward-to-volatility ratio (S) of your risky portfolio and your client's overall portfolio? (Round your answers to 4 decimal places.)