$$ Your client is considering two high$-$performing investment options: Fund A and Fund B$.$ Given the uncertainty regarding South Africas economic conditions, you have forecasted the following information: FundFund AFund BEconomic StateReturn $(\%)$ProbabilityReturn $(\%)$ProbabilityRecession$20\%0\mathrm{.}2515\%0\mathrm{.}20$Normal$25\%0\mathrm{.}5025\%0\mathrm{.}55$Boom$30\%0\mathrm{.}2535\%0\mathrm{.}25$ Required:$2\mathrm{.}1.$ Based on the information above, determine the expected return of each fund. $(6$ marks$)2\mathrm{.}2.$ Calculate the standard deviation of each fund. $(8$ marks$)2\mathrm{.}3.$ Advise your client on which fund to select based on the coefficient of variation. $(6$ marks$)$