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Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Investments_______________Returns:Expected Value________________Standard Deviation Buy Stocks________________$9,560______________________________$6530 Buy Bonds_________________7670_________________________________2660 Buy commodity futures_______25700_______________________________26400 Buy Options________________16700_______________________________20600

Tim Trepid is highly risk-averse while Mike Macho actually enjoys taking a risk. Investments_______________Returns:Expected Value________________Standard Deviation Buy Stocks________________$9,560______________________________$6530 Buy Bonds_________________7670_________________________________2660 Buy commodity futures_______25700_______________________________26400 Buy Options________________16700_______________________________20600 a. Compute the coefficients of variations (Round the answers to 3 decimal places) b. Which of the four investments should TIm choose? c. Which one should Mike choose?

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