Period	Probability	Project A	Project B
1	10%	-19%	42%
2	15%	3%	21%
3	45%	12%	13%
4	20%	17%	6%
5	10%	38%	-25%

Calculate the Expected Return and Standard Deviation for Projects A & B.

In Excel, calculate the expected return, standard deviation, coefficient of variation and Sharpes ratio for the portfolios of A & B using 1% increments. (101 portfolios)

Identify the optimal portfolio based on CV and SR.