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Saeed believes that Bitcoin, Gold, and Oil, are independent assets. For Bitcoin, Saeed found that lazyportfolioetf.com suggests a mean and standard deviation of annual return

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Saeed believes that Bitcoin, Gold, and Oil, are independent assets. For Bitcoin, Saeed found that lazyportfolioetf.com suggests a mean and standard deviation of annual return of around 80% and 170%, respectively. For Gold, Saeed asked Mr. Literature who suggested a mean and standard deviation of annual return of around 10% and 20%, respectively. For Oil annual returns, Saeed stumbled on this chart. (a) What weights of Gold, Oil, Bitcoin give the portfolio with the lowest variance? (b) What are the mean and the standard deviation of the portfolio in (a)? (c) Saeed wants an average annual return of 15%. What portfolio should he invest in? (d) What is the standard deviation of the portfolio in (c)? (e) Catherine, Saeed's friend, wants average annual return of 25%. What portfolio should she invest in? (d) What is the standard deviation of the portfolio in (e)? (g) Plot the efficient frontier that Saeed can show to other interested friends. Saeed believes that Bitcoin, Gold, and Oil, are independent assets. For Bitcoin, Saeed found that lazyportfolioetf.com suggests a mean and standard deviation of annual return of around 80% and 170%, respectively. For Gold, Saeed asked Mr. Literature who suggested a mean and standard deviation of annual return of around 10% and 20%, respectively. For Oil annual returns, Saeed stumbled on this chart. (a) What weights of Gold, Oil, Bitcoin give the portfolio with the lowest variance? (b) What are the mean and the standard deviation of the portfolio in (a)? (c) Saeed wants an average annual return of 15%. What portfolio should he invest in? (d) What is the standard deviation of the portfolio in (c)? (e) Catherine, Saeed's friend, wants average annual return of 25%. What portfolio should she invest in? (d) What is the standard deviation of the portfolio in (e)? (g) Plot the efficient frontier that Saeed can show to other interested friends

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