Expected Return Year Asset A Asset B Asset C 2021 8% 8% 2% 2022 10% 6% 4% 2023 12% 4% 6% 2024 14% 2% 8%

Alternative Investment 1 100% of asset A 2 45% of asset A and 55% of asset B 3 45% of asset A and 55% of asset C

You have been given the following return data, _ , on three assets_A, B, and C-over the period 2021-2024. Using these assets, you have isolated three investment alternatives: a. Calculate the average portfolio return for each of the three alternatives. b. Calculate the standard deviation of returns for each of the three alternatives. c. On the basis of your findings in parts a and b, which of the three investment alternatives would you recommend? Why? a. Calculate the portfolio return over the 4-year period for each of the 3 alternatives. Alternative 1: % (Round to two decimal places.)