the chief investment officer for a money management firm specializing in taxable individual investors, you are trying to establish a strategic asset allocation for wo different clients. You have established that Ms. A has a risk-tolerance factor of 7, while Mr. B has a risk-tolerance factor of 24 . The characteristics for four model sortfolios follow: a. Calculate the expected utility of each prospective portfolo for each of the two clients. Do not round intermediate caleulations. Round your answers to two decimal piaces, b. Which portfolio represents the optimal strategic alliocation for Ms. A? Which portfolio is optimal for Mr. B? Portfolio represents the optimal strategic allocation for Ms. A. Portfolio is the optimal allocation for Mr. B. c. For Ms. A, what level of risk tolerance would leove her indifferent between having Portfolio 1 or Portfolio 2 as her strategic allocation? Round yeur answer to the nearest whole number