This is all one question. I am not sure if any of it is correct. Please work the entire problem and show work. Thanks in advance!

3. Measuring standalone risk using realized (historical) data Returns earned over a given time period are called realized returns. Historical data on realized returns is often used to estimate future results. Analysts across companies use realized stock returns to estimate the risk of a stock. Consider the case of Celestial Crane Cosmetics Inc. (CCC): Five years of realized returns for CCC are given in the following table. Remember: 1. While CCC was started 40 years ago, its common stock has been publicly traded for the past 25 years. 2. The returns on its equity are calculated as arithmetic returns. 3. The historical returns for CCC for 2012 to 2015 are: 2012 2013 2014 2015 2016 Stock return 17.50% 11.90% 21.00% 29.40% 9.10% Given the preceding data, the average realized return on CCC's stock is 17.78% Based on economic conditions, you've compiled the following estimates of returns from CCC's stock and the probabilities associated with the economic condition for the next year: Market Condition Probability CCC's rj Boom 0.25 35% Normal 0.40 21% Recession 0.35 -28% The standard deviation of returns for Celestial Crane Cosmetics's stock is 26.51% - (Note: Do not round intermediate calculation.) If investors expect the average realized return from 2012 to 2016 on CCC's stock to continue into the future, its coefficient of variation (v) will be Suppose you need to invest $10,000 in Celestial Crane CosmeticsInc. or another company called Robonomics Corp. You know that Robonomics Corp. has a coefficient of variation of 2.98, and you have calculated the coefficient of variation for CCC. To make your investment decision, you spend some time analyzing the situation. Based on your analysis, which of the following statements is true? Celestial Crane Cosmetics (CCC) Inc. has more risk per unit of return than Robonomics Corp. Robonomics Corp. has more risk per unit of return than Celestial Crane Cosmetics (CCC) Inc