Assume that you recently graduated with a major in nance. You just landed a job as a nancial planner with China Development Industrial Bank (CDIB), a large nancial services corporation. Your rst assignment is to invest $100,000 for a client. Because the funds are to be invested in a business at the end of 1 year, you have been instructed to plan for a 1-year holding period. Further, your boss has restricted you to the investment alternatives in the following table, shown with their probabilities and associated outcomes. (For now, disregard the items at the bottom of the data; you will ll in the blanks later.) Returns on Alternative Investments Estimated Rate of Return State of the High U.S. Market 2-Stock Economy Prob. T-Bills Tech Collections Rubber Portfolio Portfolio Remion 0.1 5.5% -27.0% 27.0% 6.0%" -17.0% 0.0% Below Avg. 0.2 5.5 -7.0 13.0 -14.0 -3.0 Average 0.4 5.5 15.0 0.0 3.0 10.0 7.5 Above Avg. 0.2 5.5 30.0 -11.0 41.0 25.0 Boom 0.1 5.5 45.0 -21.0 26.0 38.0 12.0 r-hat ('r' ) 1.0% 9.8% 10.5% Std. dev. (a) 0.0 13.2 18.8 15.2 3.4 Coeff. of Var. (CV) 13.2 1.9 1.4 0.5 beta (b) -o.s7 0.88