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Use excel for this question. Stocks offer an expected rate of return of 10% with a standard deviation of 20% and gold offers an expected

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Use excel for this question. Stocks offer an expected rate of return of 10% with a standard deviation of 20% and gold offers an expected return of 5% with a standard deviation of 25%. Given that stocks offer more return for less risk (i.e., it looks like a dominated asset), would anyone hold gold? Assume a risk free rate of 3%. Justify your answer by creating a graph of combinations of the two risky assets while assuming the following correlations: 1,.5,0,+.5,+1 [Hint: use risky asset weights from 0\% to 100% in increments of 10% ]

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