U = E(N)-(2/2), where A 4.0. E() is expected return and s is standard deviation 11. Based on the clity function above, which investment would you select? A1 B2 0:3 ANSWER: C. 0.4 E. carnot to from the information given I 12 Widvestment would you select you were ident At 3.2 08 0.4 Ethnotellrom the information given 0.5 Investment Expected Return Er) Standard Deviation 1 0.12 0.3 2 0.15 3 0.21 0.16 4 0.24 0.21 U = E(r) - (A/2)s, where A = 4.0. E() is expected return and s is standard deviation