Exercise One: You are a portfolio manager at Fortress Investments, with $150,000,000 to invest between two stocks. Stock A has an average annual return of 7.25%, and an annual volatility of 28.75%. In contrast, Stock B has an average annual return of 8.75%, and an annual volatility of 32.25%. The correlation between the stocks is -0.25. If you decide to invest 45% of your money on Stock A, (a) find the expected annual return of your portfolio, (b) find the expected annual volatility of your portfolio, (c) as shown in class, compute the weight of the Minimum Variance Portfolio (MVP), (d) compute the volatility of your Minimum Variance Portfolio (MVP), (e) find the expected return of your Minimum Variance Portfolio (MVP), (f) as shown in class, map the Markowitz Bullet and the Efficient Frontier.