4. Your stockbroker has called to tell you about two stocks: Snap Inc. (SNAP) and GoPro, Inc. (GPRO). She tells you that SNAP is selling for $15.00 per share and that she expects the price in one year to be $30.00. GPRO is selling for $6.00 per share and she expects the price in one year to be $10.00. The expected return on SNAP has a standard deviation of 20 percent, while the expected return on GPRO has a standard deviation of 30 percent. The market risk premium for the S \& P 500 has averaged 7.0 percent. The beta for SNAP is 1.19 and the beta for GPRO is 1.13. The 10 -year Treasury bond rate is currently 3.00%. SNAP and GPRO do not pay a cash dividend. Required: a) Determine the probability for each stock that you would earn a negative return. b) Determine the probability for each stock that you would earn more than your required rate of return. c) Explain why you would or would not buy either r both of the two stocks