QUESTION 27 Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 2796. The T-bill rate is 796. Suppose that you have a client that prefers to invest in your risky portfolio a proportion of his total investment budget so that his overall portfolio will have an expected rate of return of 140. (1) What is the investment proportion, y? (2) What is the standard deviation of the rate of return on your client's portfolio? Note: You can first put the numerical answer for each question in the answer box. Then show your steps - your choice on this but if you do so, you can receive partial credit if your numerical answer is incorrect. Arial 3(12pt T. Patho Words:0