Assume that you manage a risky portfolio with an expected rate of return of 17% and 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.

What are the investment proportions of your clients overall portfolio, including the position in T-bills?

c) What is the reward-to-volatility ratio ( S ) of your risky portfolio and your clients overall portfolio?

Stock A	27%
Stock B	33%
Stock C	40%