A. M&M Micro Processors Ltd is in process of purchasing high-tech Equipment for its production of microchips for the electronic industry. In its search, it has gathered the following information about two possible Equipment A and B. Both Equipment will be able to provide benefits over a ten-year period, and each required an investment of $10,000. Management has constructed the following table of estimates of rate of return and probabilities for Pessimistic, most likely and optimistic results. Equipment A Equipment B State of nature Rate of Return Probability Rate of Return Probability Recession 11% 0.30 9% 0.30 Normal 18% 0.45 18% 0.45 Boom 22% 0.25 25% 0.25 Table 1. Required: I. Compute the expected rate of return for each Equipment II. Compute the variance and standard deviation of the rate of return for each Equipment III. Coefficient of variation for each Equipment IV. Recommend which Equipment the firm should purchase