MINIMUM VARIANCE WITH RETURN TARGET PORTFOLIO Using the provided data solve for the portfolio weights which would produce the minimum variance protfolio w raturn of at least 1.3%. Allow for short selling. GE MSFT AMZN PFE WMT Return 1.26% 1.25% 1.85% 1.29% 1.11% Variance 0.43% 0.34% 0.63% 0.20% 0. 19% Standard deviation 6.54% 5.87% 7.94% 4.47% 4.41% Weight 0.1 0.1 0.1 0.1 0.1 Sum of weights 1 Return GE Return MSFT Return AMZN Return PFE Return WMT Return GE 0.0042736483 0.0017478851 0.00223803394 0.0014731216 0.001136553 Return MSFT 0.0017478851 0.0034487408 0.0012360664 0.0004958356 0.0005127681 Return AMZN 0.0022380339 0.0012360664 0.00630478868 0.0011196761 0.0008106316 Return PFE 0.0014731216 0.0004958356 0.00111967613 0.0020019534 0.0008945709 Return WMT 0.001136553 0.0005127681 0.00081063159 0.0008945709 0.0019464853 Return NOK 0.002913437 0.0014932522 0.00370431699 0.001854707 0.0021057541 Portfolio return 0.01208 Portfolio variance 0.01097 Portfolio standard deviation 0.10473