The Hal Chase Investment Planning Agency is in business to help investors optimize their return from investment. Hal deals with three investment mediums: a stock fund, a bond fund, and his

own Sports and Casino Investment Plan $($SCIP$).$ The stock fund is a mutual fund investing in openly traded stocks. The bond fund focuses on the bond market, which has a more stable, but lower,

expected return. SCIP is a high$-$risk scheme, often resulting in heavy losses but occasionally coming through with spectacular gains. Average returns, their variances, and covariances are given in

the accompanying table. Develop and solve a portfolio optimization model for this situation for a target return of $9\%.$

i$.$ Click the icon to view the table.

Complete the table of optimal allocations.

$($Round to two decimal places as needed.$)$

Table of Returns, Variances, and Covariances