Q1) Assume that you manage risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate is 7%. 1a) Your client chooses to invest 70% of a portfolio in your fund and 30% in a T-bill money market fund. Calculate the expected return and standard deviation of your client's portfolio. 2 points)+ le 4-J 1b) Calculate the Sharpe ratio of your risky portfolio and your client's overall portfolio (note: The Sharpe ratio for both of these portfolios is the same. Only one calculation required) (1 point)- 1e) In addition to your risky portfolio discussed above, you know of another risky portfolio that also has an expected rate of return of 17% and a standard deviation of 27%. However, this portfolio is not identical to yours and the correlation of the two portfolios is +0.50. * TRUE or FALSE. Explain. Neither of these two portfolios could be on the efficient frontier (1 point)