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The Hal Chase Investment Planning Agency is in business to help investors optimize their return from investment. Hal deals with three investment med ums: a

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The Hal Chase Investment Planning Agency is in business to help investors optimize their return from investment. Hal deals with three investment med ums: 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, otten resulting in heavy iosses 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 8%. Click the icon to view the table. Table of Returns, Variances, and Covariances Complete the table of optimal allocations. (Found to two decimar praces as noeded.)

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