"Is the investor a risk averse or risk taker?"

Consider a situation of a minimum-variance investor with a predefined ex- pected portfolio return My = 6%- 1. What will be the investor's investment policy? (There are N risky stocks) Consider a situation of a mean-variance investor with a predefined expected portfolio return = 4%. 2. What will be the investor's investment policy in this case? (7 = 3) (There are N risky stocks)