A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long-term bond fund

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A pension fund manager is considering three mutual funds. Thefirst is a stock fund, the second is a long-term bond fund, and thethird is a money market fund that provides a safe return of 8%. Thecharacteristics of the risky funds are as follows: Expected ReturnStandard Deviation Stock fund (S) 24 % 30 % Bond fund (B) 12 19 Thecorrelation between the fund returns is 0.13. a-1. What are theinvestment proportions in the minimum-variance portfolio of the tworisky funds? (Do not round intermediate calculations. Enter youranswers as decimals rounded to 4 places.) a-2. What are theexpected value and standard deviation of the minimum-varianceportfolio rate of return? (Do not round intermediate calculations.Enter your answers as decimals rounded to 4 places.)