The following information indicates percentage returns for stocks L and M over a 6-year period: Year Stock L Returns Stock M Returns 1 14.95% 20.53% 2 14.72% 18.45% 3 16.67% 16.36% 4 17.43% 14.97% 5 17.7% 12.16% 6 19.23% 10.42% In combining [LM] in a single portfolio, stock M would receive 60% of capital funds. Furthermore, the information below reflects percentage returns for assets F, G, and H over a 4-year period, with asset F being the base instrument: Year Asset F Returns Asset G Returns Asset H Returns 1 16.19% 17.12% 14.1% 2 17.31% 16.23% 15.43% 3 18.1% 15.08% 16.32% 4 19.15% 14.39% 17.27% Using these assets, you have a choice of either combining [FG] or [FH] in a single portfolio, on an equally-weighted basis. Required: Calculate the absolute percentage difference in the coefficient of variation (CV) between the stock portfolio [LM] and the portfolio which outlines the optimal combination of assets.

The following information indicates percentage returns for stocks L and Mover a 6-year period: 1 16.19% 17.12% 14.1% 2 17.31% 16.23% 15.43% 3 18.1% 15.08% 16.32% Year Stock L Returns Stock M Returns 4 19.15% 14.39% 17.27% 1 14.95% 20.53% 18.45% 2 14.72% 3 16.67% 16.36% Using these assets, you have a choice of either combining [F-G] or [F-H] in a single portfolio, on an equally weighted basis. 4 17.43% 14.97% 5 17.7% 12.16% 6 19.23% 10.42% Required: Calculate the absolute percentage difference in the coefficient of variation (CV) between the stock portfolio [L-M and the portfolio which outlines the optimal combination of assets. In combining [L-M] in a single portfolio, stock M would receive 60% of capital funds. % Do not round intermediate Furthermore, the information below reflects percentage returns for assets F, G, and Hover a 4-year period, with asset F being the base instrument: calculations. Input your answer as a percent rounded to 2 decimal places (for example: 28.31%). Year Asset F ReturnsAsset G ReturnsAsset H Returns