1. Mr. Ratul is planning to make an investment in one of the following alternatives. Failure Acceptable Successful Alternative 01 Outcomes Prob. 50 0.20 80 0.50 120 ? Alternative 02 Outcomes Prob. 90 ? 260 0.40 200 0.20 Alternative 03 Outcomes Prob. 150 0.30 200 ? 400 0.10 a) Rank the three alternatives in terms of risk (compute the coefficient of variation) b) Calculate the coefficient of variation for each of them to help him make the decision. Assume he is a risk averse. Comment on your findings. c) Calculate the coefficient of variation for each of them to help him make the decision. Assume he is a risk lover. Comment on your findings. 2. Mr. Sajib is planning to make an investment in one of the following alternatives. Failure Acceptable Successful Alternative 01 Outcomes Prob. 100 0.40 180 0.30 250 ? Altemative 02 Outcomes Prob. 90 ? 260 0.25 200 0.40 Calculate the coefficient of variation for each of them to help him make the decision. Assume he is a risk lover. Comment on your findings