Question 20 3 points The average rate of return on Fund X with a beta of 1.2 is 17%. The T-bill rate is currently 3.0%, whereas the average rate of return of the S&P 500 index is 12%. The standard deviation of returns of Fund X is 28% annually, and that of the S&P 500 index is 20%. The residual standard deviation of Fund X is 4.0% annually. If you wanted to evaluate Fund X using the M mensure, what percent of the adjusted portfolio would need to be invested in T-Bills? 25 25 horrow