ANSWER ASAP

The Christian Bik Company is considering three possible capital projects for next year. Each project has a one year life and project returns depend on the state of the economy. The estimated rates of return are shown below. STATE OF PROBABILITY RATES OF RETURN THE ECONOMY OF EACH STATE IF STATE OCCURS OCCURRING A Boom .30 18% 22% 12% Normal .40 10 5 7 Recession .30 -6 -10 -12 Expected Return 5.60% 2.80 % Standard Deviation 12.4% 9.91% a. Find project A's expected return, standard deviation, and coefficient of variation. b. If the projects were mutually exclusive, which alternative would you prefer? Explain your answer. c. What is the covariance of the cash flows for projects Band C? d. What is the correlation of the cash flows for projects B and C? e. Would combining projects B and C change the risk of the firm, and if so, how? Explain your answer. f. Assuming the firm is going to invest an equal amount of its available funds on each project, what is the expected return on the capital projects for next year