Question: After receiving a corrected analytical solution, should you then proceed with answering the intuition questions below to prepare for the meeting with the client. 1.

After receiving a corrected analytical solution, should you then proceed with answering the intuition questions below to prepare for the meeting with the client. 1. Your client asks what the benefit is of combining the two portfolios to arrive at the optimal risky portfolio. Include in your explanation why the resulting portfolio that includes A & B has a higher Sharpe Ratio compared to Portfolio (A) or (B) by itself. Prepare a clear & concise response to your client. 2. Your client believes in the weak-form of market efficiency as it relates to security selection. Does Portfolio A's performance provide sufficient justification to prove or disprove conclusively your client's belief that markets are weak-form efficient? Why or why not? 3. After further discussions with your client, it turns out that she believes markets are semi-strong form efficient as it relates ONLY to stock selection, what portfolio substitution(s) would you make to the recommended optimal risky portfolio and why? No calculations are

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