Use the following information for problems

The parameters of the opportunity set are:

E(r_S) = 20%, E(r_B) = 10%, s_S = 38%, s_B = 28%, r = 0.15, r_f = 5%

From the standard deviations and the correlation coefficient we generate the covariance matrix.

[Note that Cov(r_S, r_B) = rs_Ss_B]:

	Bonds	Stocks
Bonds	784.0	159.6
Stocks	159.6	1444.0

What is the weight on stock (or proportion of stock) that forms the minimum-variance portfolio?

What is the expected return for the minimum variance portfolio?