Portfolio Development: In this section, you will develop a portfolio for a client (Ezra or Jacob and Rachel) based on the clients risk tolerance, return objectives, and liquidity objectives. You will select appropriate assets from the provided list.

A. For the client, develop a portfolio from the list of assets provided that is informed by your analysis of the clients objectives and (if applicable) the stock valuation you determined.

B. Calculate the expected portfolio return using the CAPM (beta) model. Based on the risk tolerance and return objective of the client you didnt choose for this assignment, would you design an investment portfolio that has a higher or lower expected portfolio return, and why?

C. Calculate the expected portfolio standard deviation. Based on the risk tolerance and return objective of the client that you didnt choose for this assignment, would you design an investment portfolio that has a higher or lower expected standard deviation, and why?

Southern New Hampshire University CAPM Inputs: Market Return 13.5% Risk-free Rate 3.5% Stock Analysis Table: Available Assets Table: Stocks listed in Analysis Table and these additional assets Ex-post Return Statistics: Southern New Hampshire University 1 Instructions: 1. Insert portfolio weights in the yellow highlighted area. 2. Portfolio Standard Deviation is calculated below in grey below. Southern New Hampshire University CAPM Inputs: Market Return 13.5% Risk-free Rate 3.5% Stock Analysis Table: Available Assets Table: Stocks listed in Analysis Table and these additional assets Ex-post Return Statistics: Southern New Hampshire University 1 Instructions: 1. Insert portfolio weights in the yellow highlighted area. 2. Portfolio Standard Deviation is calculated below in grey below