3. Consider two investments with the following cash flows: Economic Scenario Probability of Economic Possible Outcome Possible Outcome Scenario for Investment for Investment 2 Boom Normal Bust 25% 40% 35% P2,000 1,000 P1,500 1,000 857 500 a. Calculate the expected outcome of each investment. b. Calculate the standard deviation for each investment's possible outcomes. c. Using the standard deviation, which investment is riskier? d. Is your answer in letter c the same using the coefficient of variation? Why or Why not