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The monthly adjusted closing stock prices for Tesla and Exxon Mobile in 2019 are as follows: Date TESLA Exxon Mobil 1/1/2019 307.02 69.930687 2/1/2019 319.88

The monthly adjusted closing stock prices for Tesla and Exxon Mobile in 2019 are as follows:

Date

TESLA

Exxon Mobil

1/1/2019

307.02

69.930687

2/1/2019

319.88

75.417877

3/1/2019

279.86

77.963036

4/1/2019

238.69

77.461288

5/1/2019

185.16

68.285187

6/1/2019

223.46

74.786964

7/1/2019

241.61

72.571564

8/1/2019

225.61

66.832985

9/1/2019

240.87

69.7686

10/1/2019

314.92

66.764824

11/1/2019

329.94

67.318146

12/1/2019

418.33

69.779999

Use Excel to calculate the monthly expected return and standard deviation of returns for both stocks, what is the correlation between their returns. If you invest 60% of your money in Tesla and 40% of your money in Exxon Mobile, what is expected return and standard deviation of the portfolio? Use Excel spreadsheet to show a chart of efficient frontier similar to Figure 1.2 with alternative risk-return combinations from the two investments.

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