Suppose that the borrowing rate that your client faces is 10% Assume that the equity market Index has an expected return of 14% and standard deviation of 25% Also assume that the risk-free rate is ry = 6%. Your fund manages a risky portfolio, with the following details: Erp) = 15% Op 18% What is the largest percentage fee that a client who currently is lending y W? (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.) % y 1 ly-1