3. You have the chance to invest in three mutual funds: utility, aggressive growth, and global.

The value of your investment will change depending on the market conditions. There is a 10% chance the market will go down, 50% chance it will remain moderate, and 40%

chance it will perform well. The following table provides the percentage change in the investment value under the three conditions:

(a) Represent the problem as a decision tree.

(b) Which mutual fund should you select?