Portfolio analysisYou have been given the expected return data shown in the first table on three assetslong dashF, G, and Hlong dashover the period 2016-2019:

2016	11%	12%	9%
2017	12%	11%	10%
2018	13%	10%	11%
2019	14%	9%	12%

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?