Consider historical data showing that the average annual rate of return on the S\&P 500 portfolio over the past 85 years has averaged roughty 8% more than the Treasury bill return and that the S8P 500 standard deviation has been about 21% per year. Assume these values are representative of investors' expectations for future performance and that the current T-bill rate is 4%. Calculate the utility levels of each portiolio for an investor with A=3. Assume the utility function is U=E(r).5Ao2. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 4 decimal places.)