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You manage a risky portfolio with an expected rate of return of 1 0 % and a standard deviation of 3 1 % . The

You manage a risky portfolio with an expected rate of return of 10% and a standard deviation of 31%. The T-bill rate is 2%.
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 8%.
Required:
a. What is the proportion y?
b. What are your client's investment proportions in your three stocks and the T-bill fund?
c. What is the standard deviation of the rate of return on your client's portfolio?
Complete this question by entering your answers in the tabs below.
Required C
What is the proportion y?
Note: Round your answer to the nearest whole number.
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