NOTE: THE MIDDLE COLUMN IS AAPL AND THE LAST COLUMN IS AMZN, PLEASE SHOW EXCEL STEPS WITH FORMULA, THANK YOU.

	AAPL
Average	3.33%	1.84%
Variance	0.007992	0.006304
St. Dev	8.94%	7.94%
Covariance	0.003339
Correlation	0.4704
Rf=	0.125%

Based on the table above, construct the opportunity set for the portfolio invested into stocks AAPL and AMZN. Based on the opportunity set youve created, does the portfolio with investment weights of 60% invested in AAPL and 40% invested in AMZN lie on the efficient frontier?

1. Yes
2. No
3. Cannot tell
4. Depends on which stock was purchased first