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Required information Skip to question [ The following information applies to the questions displayed below. ] A pension fund manager is considering three mutual funds.

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[The following information applies to the questions displayed below.]
A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 5.5%. The probability distributions of the risky funds are:
Expected Return Standard Deviation
Stock fund (S)16%38%
Bond fund (B)10%29%
The correlation between the fund returns is 0.20.
Required:
What is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected Return: ____% Standard Deviation: ____%

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