Problem $7-7$

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 $9\%.$ The probability distribution of the risky funds

is as follows:

The correlation between the fund returns is $0\mathrm{.}11.$

Solve numerically for the proportions of each asset and for the expected return and standard deviation of the optimal risky portfolio.

$($Do not round intermediate calculations. Enter your answers as decimals rounded to $4$ places.$)$