An investor buys an asset at an initial cost of $525,650. The investor believes that at the end of one year, the asset could have three possible values. These values are $275,423, $725,169 and $978,444 with respective probabilities of 25%, 40% and 35%.

1. In dollars and cents, what is the expected value of the asset in 1 year?

2. In percentage terms to 2 decimal places, what is the expected return on the asset?

3. In percentage terms to 2 decimal places, what is the expected standard deviation of the return of the asset?