Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-note rate is 7%. Your client chooses to invest 70% of a portfolio in your fund and 30% in a T-note cash fund. Suppose the client decides to invest in your risky portfolio a proportion (y) of his total investment budget so that his overall portfolio will have an expected rate of return of 15%. What is the proportion y? List your answer in percent, rounded to 2 decimal places (i.e. 3.29, not 0.0329). Do not use a percent (\%) sign. The margin for error is 0.02