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1 We know for certain that a particular asset can have the following outcomes the coming year with the given probabilities Probability 10% 15% 50%

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1 We know for certain that a particular asset can have the following outcomes the coming year with the given probabilities Probability 10% 15% 50% 15% 10% Return -10% -3% 8% 11% 15% a. What is the asset's expected return? Answer in percentage form with two decimals (i.e. 23.45%. not 0.2345). % b. What is the asset's volatility? Answer in percentage form with two decimals (i.e. 23.45%, not 0.2345). %

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