Question 9: Mr. Mohan is going to retire shortly. He wants to invest his gratuity and provident fund money in the stock market. He is not a member of any sickness benefit scheme. He is averse to company-specific risks. It is assumed that the short- term treasury bill yields 6% interest. At the same time, A+ grade CRISIL rates three-year bonds give 12.5% return. The beta and R2 values for some common stocks are as follows for the period 1 July 2018 to 30 June 2019. 

Company	Beta	R2
HBL	1.3	0.51
T&L	1.4	0.63
COEL	1.47	0.47
BIS	1.41	0.57

He wants to choose a portfolio of two stocks and a risk-free asset. Frame him the investment objectives and build a portfolio for him