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

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A pension fund manager is considering two mutual funds. The first is a stock fund and the second is a long-term government and corporate bond fund. The probability distributions of the risky funds are as follows. The correlation between the fund returns is 0.15. Find the minimum variance portfolio. Standard Deviation Stock fund (S) Bond fund (B) Expected Return 15% 9% 32% 23%

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