PLEASE USE EXCEL TO EXPLAIN

Best Invest seeks to allocate $$10,000$ between $3$ funds A$,$ B$,$ and C$.$

Best Invest's goal is to achieve the highest possible expected return

on the investments when the risk is held to less than equal to $4\mathrm{.}00\%$

$($or $$400).$ Best Invest has ten quarters of annualized performance

data on the three funds that are shown below and provided in the

Excel workbook for this quiz.

Which of the following statements is true about this problem?

$($Note: Round answers to two significant digits except for covariance

values which are rounded to $5$ significant digits.$)$

The optimal return is $11\mathrm{.}37\%$ or $$1137.$

Less than $$1000$ will be invested in Fund A$.$

Less than three quarters of the investment is in Fund $B.$

The risk constraint is binding at the optimal solution.

Exactly two answers are correct.

Exactly three answers are correct.