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Please help ik very confused An investor wants to invest $300,000 in a portfolio of three mutual funds. The annual fund returns are normally distributed

Please help ik very confused

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An investor wants to invest $300,000 in a portfolio of three mutual funds. The annual fund returns are normally distributed with a mean of 0.02% and standard deviation of 0.30% for the short-term investment fund. a mean of 0.05% and standard deviation of 0.03% for the intermediate-term fund, and a mean of 0.062% and standard deviation of 0.06% for the long-term fund. An initial plan for the investment allocation is 45% in the shortterm fund. 35% in the intermediate-term fund, and 20% in the long-term fund. a. Use Analysis ToolPak, with a seed of 1, to develop a Monte Carlo simulation with 100 trials to estimate the mean ending balance after the rst year. Note: Round the final answer to two decimal places. Mean ending balance after the rst year It b. If the allocation is changed to 30% shortterm, 55% intermediateterm. and 15% long-term, estimate the ending balance after the rst yeat Note: Round the nal answer to two decimal places. Mean ending balance after the rst year _ l c. Compare the two investment strategies in parts a and b and choose the most appropriate answer from the following choices. 0 On average, the investment strategy in part a is more risky and yields a lower return

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