Your company compiled together information about two clients more specifically Client Amina has risk tolerance factor of 12 and client Mustafa has risk tolerance factor of 32

Portfolio	Stock	Bond	ER	variance
A	10%	90%	9%	10%
B	35%	55%	10%	14%
C	85%	15%	12.5%	30%

1. Calculate expected Utility for each portfolio for each of the two clients

2. Which portfolio is Optimal for Amina and for Mustafa?

3. Which level of tolerance will make Amina indifferent between portfolio A and B.