You have been given the following return data on three assets- A, B and C- over the period 2016-2020. 5

Expected Return

Year Asset A Asset B Asset C 2016 15 21 18 2017 14 24 17 2018 20 20 14 2019 18 12 15 2020 16 10 16

Using these assets, you have isolated three investment alternatives. Alternative Investment 1 50% in asset A and 50% in asset B 2 50% in asset B and 50% in asset C a) Calculate the expected return over the five-year period for each of the two alternatives. b) Calculate the standard deviation of returns over the five-year period for each of the two alternatives. c) Calculate the coefficient of variation for each of the two alternatives. d) Which of the two investment alternatives would you recommend? Why?