Stocks COH FMG LYC NCM APT NXT ORG ORI QAN RMD STO TAH WOW Total Weighting 0.031 0.335 -0.012 -0.068 0.000 0.206 -0.109 -0.215 0.058 0.587 -0.086 0.196 0.078 1 0.075 0.185 0.000 0.000 0.000 0.216 0.000 0.000 0.005 0.300 0.000 0.078 0.141 1 0.048 0.100 0.000 0.000 0.000 0.193 0.000 0.000 0.000 0.488 0.000 0.114 0.057 1 Illawong B) ANNUAL FIGURES Client Expected returns Standard deviation Sharpe ratio Cameera 0.296 0.187 1.472 0.205 0.145 1.239 Pirrama 0.213 0.147 1.306 3. Briefly discuss the differences in weights and Sharpe ratios between the different optimal risky portfolios. What do these differences imply about the mean-variance efficient frontier? (word limit: 120) Stocks COH FMG LYC NCM APT NXT ORG ORI QAN RMD STO TAH WOW Total Weighting 0.031 0.335 -0.012 -0.068 0.000 0.206 -0.109 -0.215 0.058 0.587 -0.086 0.196 0.078 1 0.075 0.185 0.000 0.000 0.000 0.216 0.000 0.000 0.005 0.300 0.000 0.078 0.141 1 0.048 0.100 0.000 0.000 0.000 0.193 0.000 0.000 0.000 0.488 0.000 0.114 0.057 1 Illawong B) ANNUAL FIGURES Client Expected returns Standard deviation Sharpe ratio Cameera 0.296 0.187 1.472 0.205 0.145 1.239 Pirrama 0.213 0.147 1.306 3. Briefly discuss the differences in weights and Sharpe ratios between the different optimal risky portfolios. What do these differences imply about the mean-variance efficient frontier? (word limit: 120)