Question: PLEASE ANSWER USING EXCEL AND USE FORMULA TEXT 3. Cash Jones wants to invest in a portfolio composed of stocks ABC and XYZ (see below)

 PLEASE ANSWER USING EXCEL AND USE FORMULA TEXT 3. Cash Jones
PLEASE ANSWER USING EXCEL AND USE FORMULA TEXT

3. Cash Jones wants to invest in a portfolio composed of stocks ABC and XYZ (see below) that will yield a return of 19%. What is the weight of each stock in such a portfolio, and what is the portfolio's standard deviation? Answer the question both by using Goal Seek or Solver and the mathematical formulas. (take a screen shot of the Goal Seek or Solver parameters) I ABC XYZ Covariance(ABC,XYZ) Correlation(ABC XYZ) Expected return 15% 25% 0.0865 0.5698 Standard deviation of return 33% 46%

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