Given the following probability distributions for assets X and Y: Value Prob(X) Prob(Y) a) Assume that there are two investors. We do not know if Investor 1 is risk averse or not. The second investor is risk-averse. Explain which stochastic approach would be appropriate for each investor and why. b) Rank assets based on mean-variance criterion. c) According to second-order stochastic dominance criterion, how would you compare the two assets? Explain your answer. d) What is your conclusion