Russell Inc. is evaluating four independent investment proposals. The expected returns and standard deviations for each of these proposals are presented below.
|
Investment proposal |
Expected returns |
Standard deviation |
|
I |
16% |
10% |
|
II |
14% |
10% |
|
III |
20% |
11% |
|
IV |
22% |
15% |
Which one of the investment proposals has the least relative level of risk?
- Investment I.
- Investment II.
- Investment III.
- Investment IV.