EXHIBIT 2: plots are based on applying portfolio weights to true return parameters (mean returns, variances of returns, and correlations). Expected Return (%) 20 Frontier A 15 Frontier B 10 5 + 20 5 10 15 25 Standard Deviation of Return (%) 5. In Exhibit 2, if Frontier B is a mean-variance efficient frontier in which the efficient portfolios' portfolio weights reflect perfect knowledge of the true return parameters, discuss whether Frontier A could be a. the conventional mean-variance efficient frontier b. the resampled efficient frontier EXHIBIT 2: plots are based on applying portfolio weights to true return parameters (mean returns, variances of returns, and correlations). Expected Return (%) 20 Frontier A 15 Frontier B 10 5 + 20 5 10 15 25 Standard Deviation of Return (%) 5. In Exhibit 2, if Frontier B is a mean-variance efficient frontier in which the efficient portfolios' portfolio weights reflect perfect knowledge of the true return parameters, discuss whether Frontier A could be a. the conventional mean-variance efficient frontier b. the resampled efficient frontier