*Orange highlight is the average real return.

*Blue highlight is the standard deviation.

a.) Using a graph to illustrate, comment on the average real return of three assets (stock, market portfolio and risk-free asset).

b.) Using a graph to illustrate, comment on the standard deviation of real return of three assets (stock, market portfolio and risk-free asset).

\begin{tabular}{|c|c|c|} \hline Exact real return: stock & Exact real return: market & Exact real return: risk-free asset \\ \hline & & \\ \hline0.043053 & 0.176533 & 0.014636 \\ \hline 0.047167 & 0.101615 & 0.001092 \\ \hline 0.356571 & 0.114176 & 0.003835 \\ \hline0.051440 & 0.022688 & 0.002427 \\ \hline0.103574 & 0.037054 & 0.006432 \\ \hline 0.038894 & 0.038904 & 0.011845 \\ \hline0.053843 & 0.046960 & 0.011942 \\ \hline0.200392 & 0.101210 & 0.009515 \\ \hline 0.005172 & 0.156737 & 0.020388 \\ \hline0.090604 & 0.022247 & 0.028932 \\ \hline0.95% & 0.99% & 0.80% \\ \hline 14.78% & 10.24% & 1.19% \\ \hline \end{tabular}