You manage a risky portfolio P with the following characteristics: E(rp)=12%;p=18% In addition, rf=4% a. Your client asks you to construct a complete portfolio that will have an expected rate of return of 16%. Using only the risky portfolio and the risk free asset, what investments weights should portfolio P and the risk free asset have? What would the standard deviation of the portfolio be? b. Suppose that this allocation maximizes your client's utility. Assuming a standard utility function, what is your client's level of risk aversion? c. Draw a clearly labeled graph that shows the capital allocation line, the location of your client's portfolio, and an indifference curve showing your client's utility