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Chapter 16 USE THE INFORMATION BELOW FOR PROBLEMS 39-40 A po rtfolio manager is trying to establish a strategic asset allocation for two different clients, Bob Bowman and Tom Luck. Bob Bowman has a risk tolerance factor of 22 and Tom Luck has a risK therance factor of 6. The characteristies of the three model portfolios under consideration are provided i the table below. Expected Return 0.12 0.08 0.05 Asset Mix Variance 0.45 0.16 0.06 Portfolio Stock 0.75 0.4 0.3 Bond 0.25 0.6 0.7 34. The expected utilities of Portfolios A, B and C for Bob Bowman are 35. The recommended portfolio for Bob Bowman is