Eclipse Sun Products (ESP) must choose between two asset purchases. The annual rate of return and related probabilities given below summarize the firms analysis.

Asset A		Asset B
Rate of Return	Probability	Rate of Return	Probability
8%	20%	7%	20%
13%	60%	17%	60%
18%	20%	27%	20%

a. For each project compute:

(1) The expected rate of return.

(2) The standard deviation of the expected return.

(3) The coefficient of variation of the return.

b. Which asset should ESP select?