You manage a risky portfolio with an expected rate of return of 20% and a standard deviation of 29%. The T-bill rate is 5%. Your risky portfolio includes the following investments in the given proportions:

Stock A	27	%
Stock B	32	%
Stock C	41	%

Suppose that your client decides to invest in your portfolio a proportion y of the total investment budget so that the overall portfolio will have an expected rate of return of 17%. a. What is the proportion y? (Round your answer to the nearest whole number.)

b. What are your clients investment proportions in your three stocks and the T-bill fund? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

c. What is the standard deviation of the rate of return on your clients portfolio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)