1:55 Expert Q&A Done 2. Consider an eight security universe with a constant conelation across all eight securities of p-0.50. The return of the risk free security is 2%. The returns and standard deviations for the eight securities are as follows: a) If short selling is allowed, determine the optimal allocation across each security in the construction of the risky portfolio (5 marks) b) If short selling is not allowed determine the optimal allocation across each security in the construction of the risky portfolio (marks)