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1.[Chapter 7: Very challenging. Try your best but don't be frustrated if you cannot get the right answers for some questions] A pension fund manager

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1.[Chapter 7: Very challenging. Try your best but don't be frustrated if you cannot get the right answers for some questions] A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a rate of 8%. The probability distribution of the risky funds is as follows:

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