Problem $6-09$ partnerships $($PR$)$ as well:

Current Allocation: $60$ percent of Asset CS$,40$ percent of Asset FI

Proposed Allocation: $50$ percent of Asset CS$,30$ percent of Asset FI$,20$ percent of Asset PR

You also consider the following historical data for the three risky asset classes $($CS$,$ FI$,$ and PR$)$ and the risk$-$free rate $($RFR$)$ over a recent investment period:

$\backslash$table$[[,,r_{ij\text{:}}$:$,],[$Asset Class,$E(R),,CS,FI,$PR$],[$CS$,8\mathrm{.}8\%,14\mathrm{.}4\%,1\mathrm{.}0,,],[$FI$,5\mathrm{.}4,7\mathrm{.}8,0\mathrm{.}3,1\mathrm{.}0,],[$PR$,7\mathrm{.}7,12\mathrm{.}4,0\mathrm{.}7,0\mathrm{.}1,1\mathrm{.}0],[$RFR$,2\mathrm{.}9,-,,,]]$

You have already determined that the expected return and standard deviation for the Current Allocation are: $E(R_{\text{c}\text{u}\text{r}\text{r}\text{e}\text{n}\text{t}})=7\mathrm{.}44$ percent and ${}_{\text{c}\text{u}\text{r}\text{r}\text{e}\text{n}\text{t}}=10\mathrm{.}028$ percent.

a$.$ Calculate the expected return for the Proposed Allocation. Round your answer to two decimal places. $\%$

b$.$ Calculate the standard deviation for the Proposed Allocation. Do not round intermediate calculations. Round your answer to two decimal places. $\%$ decimal places.

Current Allocation:

Proposed Allocation

d$.$ Using your calculations from part $($c$),$ explain which of these two portfolios is the most likely to fall on the Markowitz efficient frontier. The $[]$ is the most likely to fall on the Markowitz efficient frontier.