Evaluate a portfolio of U.S. equities drawn from the S&P500. The five stocks in your portfolio have the FactSet identifiers as follows:

STOCK1: ABT-US. Average annual return=16.81%. Annual Variance=3.72%

STOCK2: AMZN-US. Average annual return= 31.06% Annual Variance=8.86%

STOCK3: C-US. Average annual return=. 3.74% Annual Variance= 5.45%

STOCK4: MSFT-US. Average annual return= 24.66% Annual Variance=4.34%

STOCK5: XOM-US Average annual return= -3.07% Annual Variance= 2.62%

S&P500: SP50. Average annual return= 8.77% Annual Variance= 1.20%

Assume the annualised risk-free rate is 3% .

Calculate the portfolio weight for Global Minimum Variance Portfolio (GMVP). What is GMVP portfolio weight? What is the annualised expected return and annualised standard deviation of GMVP?

Q 1: GMVP portfolio weight in STOCK 1

Q2: GMVP portfolio weight in STOCK 2

Q3: GMVP portfolio weight in STOCK 3

Q4: GMVP portfolio weight in STOCK 4

Q5: GMVP portfolio weight in STOCK 5

Q6: GMVP annualised average return

Q7: GMVP annualised standard deviation