AAPL AMZN Average 3.33% 1.84% Variance 0.007992 0.006304 St. Dev. 8.94% 7.94% Covariance 0.003339 Correlation 0.4704 Rf = 0.125%

3. Based on the table above, construct the opportunity set for the portfolio invested into stocks AAPL and AMZN. Based on the opportunity set youve created, does the portfolio with investment weights of 60% invested in AAPL and 40% invested in AMZN lie on the efficient frontier? a. Yes b. No c. Can not tell d. Depends on which stock was purchased first