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.Use the following probability distribution for assets X and Y to answer questions (a) and (b)Compute the expected rate of return, variance, standard deviation, and

.Use the following probability distribution for assets X and Y to answer questions (a) and (b)Compute the expected rate of return, variance, standard deviation, and coefficient of variation for the two assets. Which asset is a better investment? Explain your answer.

X

Y

Return

Prob.

Return

Prob.

8%

0.10

10%

0.25

9%

0.20

11%

0.35

11%

0.30

12%

0.40

12%

0.40

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