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(1) There are three states of the world (S1, S2, S3) with probabilities 0%,60% and 40% respectively. The following table shows the payoff of three

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(1) There are three states of the world (S1, S2, S3) with probabilities 0%,60% and 40% respectively. The following table shows the payoff of three available assets in dif- ferent states. Can you rank the assets using the information given in the question? Do you need more information? State 1 State 2 State 3 WMT $140 $130 $110 AAPL $140 $180 $180 CMG $85 $180 $170 Current Price of all assets is $100

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