Using the table created in the previous problem above, plot the opportunity set of risky assets in Excel.

Then vary the correlation between stocks and bonds from + 1 to -1 and describe the changes in shape of the efficient frontier as you do so.

Upload the Excel file that contains the table & graph.

Make sure to include in the Excel file submission, a description of theefficient frontier's shape as you vary the correlation.

Stock Allocation Bond Allocation Return Risk Sharpe Ratio 0% 100% 6.00% 8.00% 0.3750 5% 95% 6.20% 7.82% 0.4091 10% 90% 6.40% 7.71% 0.4408 15% 85% 6.60% 7.68% 0.4689 20% 80% 6.80% 7.72% 0.4924 25% 75% 7.00% 7.83% 0.5108 30% 70% 7.20% 8.01% 0.5241 35% 65% 7.40% 8.26% 0.5326 40% 60% 7.60% 8.57% 0.5368 45% 55% 7.80% 8.93% 0.5374 50% 50% 8.00% 9.34% 0.5353 55% 45% 8.20% 9.79% 0.5311 60% 40% 8.40% 10.28% 0.5254 65% 35% 8.60% 10.80% 0.5187 70% 30% 8.80% 11.34% 0.5114 75% 25% 9.00% 11.91% 0.503860% 40% 8.40% 10.28% 0.5254 65% 35% 8.60% 10.80% 0.5187 70% 30% 8.80% 11.34% 0.5114 75% 25% 9.00% 11.91% 0.5038 80% 20% 9.20% 12.50% 0.4961 85% 15% 9.40% 13.10% 0.4885 90% 10% 9.60% 13.72% 0.4810 95% 5% 9.80% 14.36% 0.4737 100% 0% 10.00% 15.00% 0.4667 risk-free rate 3% E(rtn) stocks 10% Volatility stocks 15% E(rtn) bonds 6% Volatility bonds 8% correl stocks/bonds 0.25