An investment will cost $1500 today. You have estimated the following probability distribution for the value of the investment one year from now.

Probability Y	Value at end of the year
30%	$1,680.00
60%	$1,650.00
10%	$1,425

Calculate the expected rate of return and the standard deviation of the returns for the 1 year holding period.

Expected rate of return: 5.78% Std Dev: 10.96%

Expected rate of return: 8.9% Std Dev: 6.79%

Expected rate of return: 8.9% STD Dev: 16.95%

Expected rate of return: 5.78%, Std Dev: 7.06%