Question 1. Pound money has invested 150 percent of his money in an index fund that invests in all shares on the stock exchange The risk free interest rate is 5 percent and all investors can borrow and lend unlimited amounts at this rate. The expected return on the market index is 15% with a standard deviation of 20 percent money in the index fund? a.How can Mr. Pound money invest more than 100 percent of his b. Is Mr. Pound-money portfolio mean variance efficient? c. What is the portfolio standard Deviation? d. What is the portfolio B (relative to market as a whole)