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A client contacts you regarding investments appropriate for their financial position. Below are the available investments: Expected return Std Dev X 10% 15% Y 20%

A client contacts you regarding investments appropriate for their financial position. Below are the available investments:
Expected return Std Dev
X 10% 15%
Y 20% 45%
Z 20% 55%
You can only select one of the investments to recommend (the recommendation can vary based on the client).
Are you likely to recommend that a client put all of his/her investable assets into Asset Z? Why or why not? (Show all work)

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