P8-14 Portfolio analysis You have been given the expected return data shown in the first table on three assetsF, G, and Hover the period 20162019

	Expected return
Year	Asset F	Asset G	Asset H
2016	16%	17%	14%
2017	17	16	15
2018	18	15	16
2019	19	14	17

Using these assets, you have isolated the three investment alternatives shown in the following table.

Alternative	Investment
1	100% of asset F
2	50% of asset F and 50% of asset G
3	50% of asset F and 50% of asset H

a. Calculate the expected return over the 4-year period for each of the three alternatives.

b. Calculate the standard deviation of returns over the 4-year period for each of the three alternatives. c. Use your findings in parts a and b to calculate the coefficient of variation for each of the three alternatives.

d. On the basis of your findings, which of the three investment alternatives do you recommend? Why