You have been given the following return data on 3 assets€”F, G, and H€”over the period 2015€“2018.

Using these assets, you have isolated 3 investment alternatives:
Alternative Investment
1 ........ 100% of asset F
2 ........ 50% of asset F and 50% of asset G
3 ........ 50% of asset F and 50% of asset H
a. Calculate the portfolio return over the 4-year period for each of the 3 alternatives.
b. Calculate the standard deviation of returns over the 4-year period for each of the 3 alternatives.
c. On the basis of your findings in parts a and b, which of the 3 investment alternatives would you recommend? Why?

Expected Return(%) Year Asset F Asset G Asset H 2015 16 2016 17 2017 18 2018 19 17 16 15 14 14 15 16 17