(Related to Checkpoint 8 %) (Computing the standard deviation for an individual investment) James Fromhoz is considering wholher to inverna ww temed vestment tons. The fondsen objective is to acquire home mortgage secus at what hopes will be bargain prices. The fund sponsor has suggested to the funds performance withing on how the national economy podomein the coming year. Specifically, he suggested the flowing possible outcomes a. Based on the potential outcomes, what is your estimate of the expected to retum from this investment opportunty? b. Calculate the standard deviation in the anticipated returns found in parta c. Would you be interested in making such an investment? Note that you to all your money in one year it the economy cofases into the worst state of you double your money the economy anters into a rapid expansion Data table mes, what is yo n in the anticip cing such an in your money if the economy enter State of Economy Probability Fund Returns Rapid expansion and recovery 15% 100% Modest growth 40% 30% Continued recession 30% 15% Falls into depression 15% -- 100% (Click on the icon in order to copy its contents into a spreadsheet.) this investme tion is % Print Done