Required: a$-1.$ Assuming the correlation between the annual returns on the two portfolios is indeed zero, what would be the optimal asset allocation? a$-2.$ What is the expected risk premium on the portfolio? Complete this question by entering your answers in the tabs below. Assuming the correlation between the annual returns on the two portfolios is indeed zero, what would be the optimal asset allocation? Note: Do not round intermediate calculations. Enter your answers as decimals rounded to $4$ places. S$\backslash$&P Hedge What is the expected risk premium on the portfolio? Note: Do not round intermediate calculations. Enter your answer as decimals rounded to $4$ places. A pension fund manager is considering three mutual funds. The first is a stock fund, the second is a long$-$term bond fund, and the third is a money market fund that provides a safe return of $\backslash (8\backslash \%\backslash ).$ The characteristics of the risky funds are as follows: The correlation between the fund returns is $0\mathrm{.}12.$ Required: a$-1.$ What are the investment proportions in the minimum$-$variance portfolio of the two risky funds? a$-2.$ What are the expected value and standard deviation of the minimum$-$variance portfolio rate of return?