QUESTION 9 Assume that you manage a risky portfolio with an expected rate of return of 22nd a standard deviation of 20%. The T-bill rate is 5% Your client chooses to invest 80% of a portfolio in your fund and 20% in a T-bill money market fund. What is the Sharpe ratio of your client? What is the Sharpe ratio of your risky portfolio? Your client's Sharpe ratio is 0.85, and the risky portfolio's Sharpe ratio is 0.55 Your client's Sharpe ratio is 0.75, and the risky portfolio's Sharpe ratio is 0.55 Your client's Sharpe ratio is 0.75, and the risky portfolio's Sharpe ratio is 0.75 Your client's Sharpe ratio is 0.85, and the risky portfolio's Sharpe ratio is 0.85