the written answers are incorrect

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 rate of 4%. The probability distribution of the risky funds is as follows: Stock fund (S) Bond fund (B) Expected Return 228 14 Standard Deviation 378 23 The correlation between the fund returns is 0.10. You require that your portfolio yield an expected return of 15%, and that it be efficient, on the best feasible CAL. a. What is the standard deviation of your portfolio? (Round your answer to 2 decimal places.) Standard deviation 28.69 % cos b. What is the proportion invested in the T-bill fund and each of the two risky funds? (Round your answers to 2 decimal places.) T-bill fund Stocks Bonds Proportion Invested 31.01% 51.26% 17.72%