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Below you will find Prices for a Southwest Airlines (LUV) and Bank of America (BAC) LUV $37.05 $41.32 $44.12 $44.02 $41.91 $38.69 $36.61 $36.48 $38.57

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Below you will find Prices for a Southwest Airlines (LUV) and Bank of America (BAC) LUV $37.05 $41.32 $44.12 $44.02 $41.91 $38.69 $36.61 $36.48 $38.57 $39.72 $46.23 $49.43 $51.99 Month BAC $13.76 $12.19 $13.16 $14.23 $14.45 $12.97 $14.21 $15.82 $15.42 $16.25 20.80 $22.83 22.38 10/1/16 12/1/16 Construct portfolios with weights for LUV of 100%, 90%, 80%, 70%, 60%, 50%, 40%, 30% 20%, 10% and 0% with the corresponding weights going to BAC. For example, portfolio 1 has 100% in LUV and 0% in BAC. Portfolio 2 has 90% LUV and 10% BAC. Of the 11 portfolios you constructed, how many would NOT be on Markowitz's Efficient Frontier? In other words, how many of the portfolios have a sub-optimal risk/return trade- off

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