Answer all questions and show all work, if applicable. Partial credit will not be provided without work, if work can be shown.

The S&P 500 and Mutual Fund A have the following probability distributions: Probability Rate of Return (S&P 500) Rate of Return (Mutual Fund A) 30% 15% 20% 40% 9% 5% 30% 18% 12% a) Calculate the expected rates of return for the S&P 500 and Mutual Fund A.

b) Calculate the standard deviations for the S&P 500 and Mutual Fund A.

c) Calculate the Coefficient of Variation for the S&P 500 and Mutual Fund A.

d) Which has more risk, the S&P 500 or Mutual Fund A, and explain your answer?