Assume that you manage a risky portfolio with an expected rate of return of 17% and Question 1 a standard deviation of 27%. The T-bill rate is 7%. Your client chooses to invest 70% of a portfolio in your fund and 30% in a T-bill money market fund. a) What is the expected return and standard deviation of your client's portfolio? b) Suppose your risky portfolio includes the following investments in the given proportions: What are the investment proportions of your client's overall portfolio, including the position in T-bills? c) What is the reward-to-volatility ratio ( S ) of your risky portfolio and your client's overall portfolio? d) Draw the CAL of your portfolio on an expected return/standard deviation diagram. What is the slope of the CAL? Show the position of your client on your fund's CAL