You have been given the expected return data shown in the first table on three assetsF, G, and Hover the period 20162019.

2016 Asset F 16% Asset G 17% Asset H 14%

2017 Asset F 17% Asset G 16% Asset H 15%

2018 Asset F 18% Asset G 15% Asset H 16%

2019 Asset F 19% Asset G 14% Asset H 17%

Using these assets, you have isolated the three investment alternatives shown in the following table:

Alternative 1: 100% of asset F

Alternative 2: 50% of asset F and 50% of asset G

Alternative 3: 50% of asset G and 50% of asset H

a. Calculate the expected return over the 4-year period for each of the three alternatives.

b. Calculate the standard deviation of returns over the 4-year period for each of the three alternatives.

c. Use your findings in parts a and b to calculate the coefficient of variation for each of the three alternatives.

d. On the basis of your findings, which of the three investment alternatives do you recommend? Why?