You are a newly elected board member of the Iron Throne Endowment Fund (ITEF), which currently holds the market portfolio with an expected return of 9% and a standard deviation of 20%. The risk-free rate of return is 3%. Your job is to evaluate the investment strategies of two potential new asset managers: Daenerys Targaryen (DT) and Jon Snow (JS). You have collected the following information about the portfolios of DT and JS : i. Should you add portfolios DT and/or JS to ITEF 's current portfolio? ii. If, instead of investing in the market portfolio, ITEF could invest only in the risk-free asset and one of the portfolios DT or JS, which one should ITEF pick? Why