Wang the investor in the previous question has an investment budget of 1,000,000, Advise Wang on how much he could invest in:

1. Risky portfolio and risk free portfolio
2. Easy Jet stock fund, Ryan Air Stock fund, and T-Bills.

The following are desrciptive stateistics of stock funds, Easy ject and Ryan Air, and Treasury bill. Expected Return Standard Deeviation Easy Jet 10% 20% Ryan Air 30% 60% Treasury Bills 5% 0 The correlation coeffiecient between stock funds Easy Jet and stock fund Ryan Air is .0.2 The following are desrciptive stateistics of stock funds, Easy ject and Ryan Air, and Treasury bill. Expected Return Standard Deeviation Easy Jet 10% 20% Ryan Air 30% 60% Treasury Bills 5% 0 The correlation coeffiecient between stock funds Easy Jet and stock fund Ryan Air is .0.2