Jason is a risk adverse investor deciding between investing $kin twodiverdisifie

Jason is a risk adverse investor deciding between investing $kin twodiverdisified portofolios A and B with the following simulated oneyearreturns.AB_______________________________________________________________Exptectedvalue 20195.36 20203.64High return 25964.23 23287.96Low return 14987.6317895.24Variance 36025.21 21854.98What is Jasonsdecision?a) Incest in all 10k in portofolio Ab) Invest in all 10k in portofolio Bc) Invest 5 kin A and 5k in Bd) Wait to see what happens in the market beforedecidinge) Spend the money on a two week trip to the south pacific