The expected returns for three assets are shown in the table below:

Year	Asset A	Asset B	Asset C
2016	16%	17%	14%
2017	17%	16%	15%
2018	18%	15%	16%
2019	19%	14%	17%

You have identified three investment alternatives with which to build your portfolio using the three assets. The alternatives are as follows:

Alternative	Investment
1	100% of asset A
2	50% of asset A and 50% of asset B
3	50% of asset A and 50% of asset C

a) Calculate the expected return over the 4 year period for each of the three alternatives

b) Calculate the standard deviation of returns over the 4 year period for each of the three alternatives

c) Calculate the coefficient of variation for each of the three alternatives

d) Which of the three investments do you recommend and why?