Write up a document explaining the Black-Litterman model as requested in the Context section above. The document should be in PDF format. (Note: Word 2010 and 2013 can save in/print to PDF format). You don't have to write 1000 words (more or less is fine), but do keep the page count below two. Word and page limits apply to tables and graphs but not to referencing The document should explain what the Black-Litterman model does, why it does it and how it does it at a level that could be understood by a finance professional not familiar with the Black-Litterman approach. The tone should be professional but as free of jargon as possible. I will award grades for clarity and accuracy of exposition and overall presentation of the document. Note: The document should focus on explaining the Black-Litterman model in general. You can mention the Markowitz portfolio optimization process and the shrinkage method if you feel that helps you explain more clearly. However, detail explanation of these approaches is not required. presentation of thBrade