Assume That You Are Given the Following Means,standard Deviations,and Correlations

question 7

Essay

Assume that you are given the following means,standard deviations,and correlations for the annual return on three stocks.
The correlation between stocks 1 and 2 is 0.62,between stocks 1 and 3 is 0.72,and between stocks 2 and 3 is 0.39.You have $12,000 to invest and can invest no more than 55% of your money in any single stock.Determine the minimum variance portfolio that yields an expected annual return of at least 0.15

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