Suppose that the annual risk free rate is rf=1%. Using the annualized moments of the returns on Target and Apple, which you have calculated in the previous problem, (a) Calculate the expected return, standard deviation, and Sharpe ratio for the following portfolios: (i) 100% in Target (ii) 80% in Target and 20% in Apple (iii) 60% in Target and 40% in Apple (iv) 40% in Target and 60% in Apple (v) 20% in Target and 80% in Apple (vi) 100% in Apple (b) What is the portfolio that achieves the highest expected return? (c) What is the portfolio that achieves the lowest volatility? (d) Which of the above portfolios is the maximal Sharpe ratio portfolio? Suppose that the annual risk free rate is rf=1%. Using the annualized moments of the returns on Target and Apple, which you have calculated in the previous problem, (a) Calculate the expected return, standard deviation, and Sharpe ratio for the following portfolios: (i) 100% in Target (ii) 80% in Target and 20% in Apple (iii) 60% in Target and 40% in Apple (iv) 40% in Target and 60% in Apple (v) 20% in Target and 80% in Apple (vi) 100% in Apple (b) What is the portfolio that achieves the highest expected return? (c) What is the portfolio that achieves the lowest volatility? (d) Which of the above portfolios is the maximal Sharpe ratio portfolio