Asset	Expected return	Variance
Treasure (risk-free)	2%	0
TSLA	15%	9%
J&J	5%	4%

Use the table given in Q1, answer the following questions

a) In a XY-coordinate where X is the standard deviation and Y is the expected return, find the three points associated with Treasure, TSLA, and J&J.

b) Draw a bullet-shape curve which represents a composite portfolio with TSLA and J&J.

c) Recall that the left-most point of the bullet-shape curve is the portfolio with minimum variance. Calculate the return and standard deviation of this portfolio and label it on the graph.

d)Highlight the efficient frontier of the composite portfolio with TSLA+J&J on the graph

e)Suppose the tangency portfolio P (where the straight line passing tangent with the efficient frontier) has an expected return of 13% and standard deviation of 2.5%. Is it possible to build a portfolio which is strictly better than J&J (expected return = 5%, standard deviation = 2%)?