Please solve the following without Excel...

A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a longterm bond fund, andthe third is a money market fund that provides a safe return of 8%. The characteristics of the risky funds are as follows: Expected Return Standard Deviation Stock fund {5] 22% 37% Bond fund {3) 14 23 The correlation between the fund returns is 0.10. a-1. What are the investment proportions in the minimumvariance portfolio of the two risky funds? {Do not round intermediate calculations. Enter your answers as decimals rounded to 4 places} Portfolio invested in the stock Portfolio invested in the bond a-Z What are the expected value and standard deviation of its rate of return? (Do not round intermediate calculations. Enter your answers as decimals rounded to 4 places.) Rate of Return Expected retum Standard deviation