An investor is considering three strategies for a $1,100 investment. The probable returns are estimated in the table below. Which strategy has the highest expected prot? Explain why you would or would not advise the investor to adopt this strategy. Prot Loss Strategy 1 A prot of $1 1,000 with a probability of 0.15 A loss of $1,100 with probability 0.85 A prot of $500 with a probability of 0.50 . . . _ A prot of $250 with a probability of 030 A loss of $250 With a probability of 0.20 Strategy 3 A certain prot of $200 None ( . .. Which strategy has the highest expected prot? -" Strategy 1 Strategy 2 Strategy 3 Explain why you would or would not advise the investor to adopt this strategy. Choose the correct answer below. 0 A. The investor should adopt the strategy with the highest expected value because it will produce the greatest prot in the long run. Therefore, it is a good idea for the investor to invest in this strategy. 0 B. The investor should always invest in the strategy that has a 100% chance of making a prot because it will always yield more in the long run than a more risky investment. 0 0. Although the strategy has the highest expected value, the large probability of loss and small probability of prot indicate a high variance and standard deviation. Therefore, it may not be wise for the investor to use this strategy