A second version of the Markowitz portfolio model maximizes expected return subject to a constraint that the varlance of the portfolio must be less than or equal to some specified amount. Consider the Hauck Financial Service data Click on the datafile logo to reference the data. DATA file Annual Return (%) Mutual Fund Year 1 Year 2 Year 3 Year 4 Year 5 Foreign Stock 10.06 13.12 13.47 45.42 -21.93 Intermediate-Term Bond 17.64 3.25 7.51 1.33 736 32.41 18.71 33.28 41.46 -23.26 32.36 20.61 12.93 7.06 5.37 33.44 19.4 3.85 58.68 9.02 24.56 2532 6.7 5.43 17.31 Large-Cap Growth Large-Cap Value Small-Cap Growth Small-Cap Value (e) Construct this version of the Markowitz model for a maximum variance of 30. Let: FS- proportion of portfollio invested in the foreign stock mutual fund T8 proportion of portfolio invested in the intermediate-term bond fund LG proportion of portfolio invested in the large-cap growth fund LV- proportion of portfolio invested in the large-cap value fund SG- proportion of portfolio invested in the small-cap growth fund sv proportion of portfolio invested in the small-cap value fund .the expected return of the portfolio Rthe return of the portfolio in years If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign even if there is a sign before the blank. (Example -300) 7-7 >. .) (b) Solve the model developed in part (a). If required, round your answers to two decimal places. FS IB LG SV Portfolio Expected Return = Hide Feedback Partially Correct 0 Icon Key A second version of the Markowitz portfolio model maximizes expected return subject to a constraint that the varlance of the portfolio must be less than or equal to some specified amount. Consider the Hauck Financial Service data Click on the datafile logo to reference the data. DATA file Annual Return (%) Mutual Fund Year 1 Year 2 Year 3 Year 4 Year 5 Foreign Stock 10.06 13.12 13.47 45.42 -21.93 Intermediate-Term Bond 17.64 3.25 7.51 1.33 736 32.41 18.71 33.28 41.46 -23.26 32.36 20.61 12.93 7.06 5.37 33.44 19.4 3.85 58.68 9.02 24.56 2532 6.7 5.43 17.31 Large-Cap Growth Large-Cap Value Small-Cap Growth Small-Cap Value (e) Construct this version of the Markowitz model for a maximum variance of 30. Let: FS- proportion of portfollio invested in the foreign stock mutual fund T8 proportion of portfolio invested in the intermediate-term bond fund LG proportion of portfolio invested in the large-cap growth fund LV- proportion of portfolio invested in the large-cap value fund SG- proportion of portfolio invested in the small-cap growth fund sv proportion of portfolio invested in the small-cap value fund .the expected return of the portfolio Rthe return of the portfolio in years If required, round your answers to two decimal places. For subtractive or negative numbers use a minus sign even if there is a sign before the blank. (Example -300) 7-7 >. .) (b) Solve the model developed in part (a). If required, round your answers to two decimal places. FS IB LG SV Portfolio Expected Return = Hide Feedback Partially Correct 0 Icon Key