Scenario: You are considering investing $6,000 into one or possible three different mutual funds. Each fund, historically, has returned 69 per year, with a standard deviation of 4%. As a result, a $6,000 investment would return $360 with a standard deviation of $240. Calculate the expected return if you invested in three different mutual funds ($2,000 per mutual fund): Assuming each mutual fund historically returned 6%. Calculate the standard deviation (please see attachment) Does it make sense to invest in one mutual fund or multiple? (this will be based upon your standard deviation numbers)