Risk Free Asset: E(r) 1.24% pa.

2.538 E(return}w Std Dev CWN TA4 WES c0H MOG FMG TLS Portfolio 13 Portfolio 19 Portfolio 12 Portfolio 11 Portfolio 17 Portfolio Portfolio 20 Portfolio 14 Portfolio 10 Portfolio 1 Portfolio 9 Portfolio 15 Portfolio 3 Portfolio Portfolio 4 Portfolio 16 Portfolio 2 Portfolio 6 Portfolio 4 Portfolio 16 Portfolio 2 Portfolio 6 Portfolio 7 Portfolio 18 0.25* 0.33 0.418 0.648 72* 0.80 0.958 1.02w 1.7w 1.30 1.39x 1.53 1.67w 1.74w 1.388 1.94* 2.03 2.218 2.348 0.00101051 0.0006315 0.0008812 0.00123960.0027607 0.0028217 0.003866g 0.0016159 0.0045351 0.00616 0.0066472 0.0062551 0.0083864 0.0110855 0.011356 0.0001771 0.0120686 0.0150042 0.0090097 0.022456 11 258 12 13 568 148 778 318 13 9 10 358 58 7 4 11 2 1 1 2 2* 26* 13 2 70 18 31 10 218 7 7 78 * 2 * 13 22 7* * 23 4: * 428 54 529 61 70 119 769 73* 1* 52W 1 13 13 19 2* * 29 13 58 1 2 1 4 2 12 19 19 2 28 28 2 48 38 3 28 2 2 3 2 28 28 39 195 2 1 19 18 18 19 19 1 * 48 1 18 0 1 1 16 18 1 19 109 3* 338 929 55 * 59 479 ] * 5 798 27 5 5* 12 58 * 2 Recommend two portfolios of A and B to the Board of Directors with appropriate explanation, i.e., why you recommend those two portfolios. Your discussion should include: a. Details of the global minimum variance portfolio (including weights and dollar amounts). b. Details of the portfolios A and B (including weights and dollar amounts) Note: Global minimum variance portfolio is not allowed for your recommendation) 2.538 E(return}w Std Dev CWN TA4 WES c0H MOG FMG TLS Portfolio 13 Portfolio 19 Portfolio 12 Portfolio 11 Portfolio 17 Portfolio Portfolio 20 Portfolio 14 Portfolio 10 Portfolio 1 Portfolio 9 Portfolio 15 Portfolio 3 Portfolio Portfolio 4 Portfolio 16 Portfolio 2 Portfolio 6 Portfolio 4 Portfolio 16 Portfolio 2 Portfolio 6 Portfolio 7 Portfolio 18 0.25* 0.33 0.418 0.648 72* 0.80 0.958 1.02w 1.7w 1.30 1.39x 1.53 1.67w 1.74w 1.388 1.94* 2.03 2.218 2.348 0.00101051 0.0006315 0.0008812 0.00123960.0027607 0.0028217 0.003866g 0.0016159 0.0045351 0.00616 0.0066472 0.0062551 0.0083864 0.0110855 0.011356 0.0001771 0.0120686 0.0150042 0.0090097 0.022456 11 258 12 13 568 148 778 318 13 9 10 358 58 7 4 11 2 1 1 2 2* 26* 13 2 70 18 31 10 218 7 7 78 * 2 * 13 22 7* * 23 4: * 428 54 529 61 70 119 769 73* 1* 52W 1 13 13 19 2* * 29 13 58 1 2 1 4 2 12 19 19 2 28 28 2 48 38 3 28 2 2 3 2 28 28 39 195 2 1 19 18 18 19 19 1 * 48 1 18 0 1 1 16 18 1 19 109 3* 338 929 55 * 59 479 ] * 5 798 27 5 5* 12 58 * 2 Recommend two portfolios of A and B to the Board of Directors with appropriate explanation, i.e., why you recommend those two portfolios. Your discussion should include: a. Details of the global minimum variance portfolio (including weights and dollar amounts). b. Details of the portfolios A and B (including weights and dollar amounts) Note: Global minimum variance portfolio is not allowed for your recommendation)