Portfolio analysisYou have been given the expected return data shown in the first table on three assets F, G, and H over the period 2018-2022:

2016 20 21 18 2017 21 20 19 2018 22 19 20 2019 23 18 21

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 average 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 think performed better over this period? Why?