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A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long - term bond fund, and

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term bond fund, and the third
is a money market fund that provides a safe return of 9%. The characteristics of the risky funds are as follows:
The correlation between the fund returns is 0.11.
Solve numerically for the proportions of each asset and for the expected return and standard deviation of the optimal risky portfolio.
Note: Do not round intermediate calculations. Enter your answers as decimals rounded to 4 places.
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