Available Capital is $1,263,897 and all capital must be invested at a minimum.

Short selling is permitted, but no more than $379169.10 in any stock and no more than $631,948.50 in total short sales. All capital generated from short sales can be utilized on long positions in each stock, but total investment cannot exceed $1,516,676.40 due to margin restrictions. Round two decimal places in each question.

1.What is the expected return of the minimum variance portfolio?

2.What is the standard deviation of the minimum variance portfolio?

3.What is the lowest coefficient of variation possible?

4.What is the maximum expected return?