E 12 Question#3 6 27 Assume that you are a fund manager and manage a risky asset with an expected return of l standard deviation of 27%. The return on a T-bill is 7%. Your client Jean chooses to invest money in your fund and the rest of her money in the T-bill. 17% and a 70% of her 1) What is the expected return of Jean's overall portfolio? (10 credits) What will be the ShareRatio of your client's portfolio if she instead chooses to invest only 50% in your fund and the rest 50% in the T-bill? (10 credits) 2) Suppose another client decides to invest a proportion (y) of his total investment budget in your fund so that his overall portfolio's expected return will be 15%, what is the proportion y? (10 credits) 3)