You are permitted to use a risk free asset and a risky portfolio Rin order to construct an optimal portfolio for your client. Short selling is not allowed due to regulatory restrictions imposed on your client. The risky portfolio R has an expected rate of return of 12.23% and a standard deviation of 15.39%. A T-bill has a rate of return of 0.05%. Your client is risk neutral. What is the optimal capital allocation for your client? l.e. determine the capital allocation in the risky portfolio R and the risk free asset. Invest 0% capital in the risky portfolio R and 100% in the T-bill O Invest 79.14% in the risky portfolio R and 20.86% in the T-bill Cannot determine due to insufficient information Invest 50% capital in the risky portfolio R and 50% in the T-bill Invest 20.86% in the risky portfolio R and 79.14% in the T-bill Invest 100% capital in the risky portfolio R and 0% in the T-bill. O