Harritz Consultants, a famous financial analysis, has provided probability estimates for the four potential economic states for the coming year. The probability of a boom economy 10 percent, stable growth economy 15 percent, stagnant economy 50 percent and recession 25 percent. Below are the estimated returns of the individual investments for the coming year:

Investment	Forecasted returns for each economy (%)
	Boom	Stable Growth	Stagnant	Recession
Share	25	12	4	-12
Corporate Bond	9	7	5	3
Government Bond	8	6	4	2

If Harritz is a risk averse investor, which investment should he choose? (Show your calculation) (