standard deviation of 22%. The T-bill rate is 8.8%. Your risky portfolio includes the following investments in the given proportions: Suppose a client decides to Aivest in your risky portfolio a proportion (y) of his total investment budget with the remainder in a T-bill money market fund so that his overall portfolio will have an expected rate of return of 11.32%. Required: (a)What is the proportion y ? (Round your answer to 1 decimal place.) (b)What are your client's investment proportions in your three stocks and the T-bill fund? (Round your answers to 2 decimal places. Omit the "\%" sign in your response.) (c)What is the standard deviation of the rate of return on your client's portfolio? (Round your answer to 2 decimal places. Omit the "\%" sign in your response.) Assume that you manage a risky portfolio with an expected rate of return of 13% and a standard deviation of 22%. The T-bill rate is 8.8%. Your risky portfolio includes the following investments in the given proportions: Suppose a client decides to invest in your risky portfolio a proportion (y) of his total investment budget with the remainder in a T-bill money market fund so that his overall portfolio will have an expected rate of return of 11.32%. Required: (a)What is the proportion y ? (Round your answer to 1 decimal place.) (b)What are your client'stinvestment proportions in your three stocks and the T-bill fund? (Round your answers to 2 decimal places. Omit the "\%" sign in your response.) (c) What is the standard deviation of the rate of return on your client's portfolio? (Round your answer to 2 decimal places. Omit the "\%" sign in your response.)