The following table contains four potential investments along with their anticipated returns in various states of the economy and the associated probability of each outcome. 1. Calculate the expected return, standard deviation, and coefficient of variation for Treasury Bills, Kreators Inc, Biggie Corp., Car Part Holdings. 2. Compare and contrast each of the four investments based upon their risk and return characteristics. 3. If you create an equally weighted portfolio composed of these four investments, what would your expected return be for each state of the Economy? That is, if you create a portfolio that is 25\% Treasury Bills, 25% Kreators, 25\% Biggie, and 25\% Car Part Holdings, what return would you expect for each state of the economy? 4. Calculate the expected return, standard deviation, and coefficient of variation for the equally weighted portfolio described in part 3. 5. If you wanted to reduce the standard deviation of the portfolio by removing one investment, which investment would you choose to remove? Why