You are considering 3 risky assets (Asset X, A, and B) in the table below.

State of Economy	Probability	Return of X	Return of A	Return of B
Boom	5.0%	17.70%	30.00%	45.00%
Good	40.0%	11.00%	12.00%	15.00%
Poor	45.0%	6.50%	-2.00%	-10.00%
Recession	10.0%	24.00%	-4.00%	-20.00%

Questions	Answers
1. Calculate expected return of X	Answer%
2. Calculate Standard deviation of X	Answer%
3. Calculate CV of X	Answer
4. Calculate expected return of A	Answer%
5. Calculate Standard deviation of A	Answer%
6. Calculate CV of A	Answer
7. Calculate expected return of B	Answer%
8. Calculate Standard deviation of B	Answer%
9. Calculate CV of B	Answer
10. Assume you are a conservative investor, which one will you invest?	A or B or C