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Business, 18.12.2019 19:31 dancinggrace2032

Apension 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 4.8%. the probability distributions of the risky funds are: expected return standard deviation stock fund (s) 18% 38% bond fund (b) 9% 32% the correlation between the fund returns is 0.1313. what is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds?

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