8-1: Your company is considering one of four possible projects. (A) With regard to overall risk, use the following data to calculate the coefficient of variation (CV) for each project, and select the least risky project based on your calculations. Project 1: Expected return = 11%; standard deviation of return = 3%. Project 2: Expected return = 15%; standard deviation of return = 5%. Project 3: Expected return = 17%; standard deviation of return = 6%. Project 4: Expected return = 18%; standard deviation of return = 6%.