You are going to invest all of your funds in one of three projects with the following distribution of possible returns: PROJECT 1 Standard Return Deviation 30% 4% Probability 50% Chance 50% Chance Beta PROJECT 2 Standard Return Deviation 9% 10.5% -20% Beta 0.8 Probability 30% Chance 40% Chance 30% Chance 36% Beta Probability 10% Chance 70% Chance 20% Chance PROJECT 3 Standard Return Deviation 28% 12% 18% -8% If you are a risk averse investor, which one should you choose? Explain why