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?

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Alternative Utility Aggressive growth Global Percent return on investment Down market (%) Moderate market (%) Up market (%) +8 +30 +20 +5 -10 +2 +7 +5 +7