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12.David Johnson is a portfolio manager at CFAL and has to estimate the values of two securities. The available information is shown in the table

12.David Johnson is a portfolio manager at CFAL and has to estimate the values of two securities. The available information is shown in the table below.
Stock A Stock B
Return Probability of the return Return Probability of the return
19% 15% 23% 10%
15% 60% 13% 60%
11% 25% 12% 30%
a. Which of the two stocks has the higher expected return?
b. Which stock is riskier

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