Assume that a new law is passed which restricts investors to holding only one asset. A risk-averse investor is considering two possible assets as the asset to be held in isolaiton. The assets' possible returns and related probabilities are as followsAsset X Asset Y Pr Rx Pr Ry.10 -3% .05 -3%.10 2 .10 2.25 5 .30 5.25 8 .30 8.30 10 .25 10Which asset should be preferred?a. Asset X, since its expected return is higher. b. Asset Y, since its beta is probably lower. c. Asset Y, since its coefficient of variation is lower and its expected return is higher. d. Asset X, since its standard deviation is lower. e. Either one, since the expected returns are the same.

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.