Problem 3 (continued) A pension fund manager is considering these mutual funds. The first is a stock fund, and the second is a long-term government and corporate bond fund. The characteristics of the risky funds are: Expected Return Standard Deviation 15% Stock fund (S) Bond fund (B) 32% 9 23 The correlation between the fund returns is 0.10. a) What is the expected return and standard deviation for the minimum variance portfolio (MVP)? b) If the fund-returns are perfectly negatively correlated, what is the return on the minimum variance portfolio? I (5 points)