As the investment manager for TXT Supply you are analyzing 3 investment choices below. You have collected the data below.

Scenario Analysis	Probability	A exp. return	B exp. ret.	C exp. ret
Boom	20%	0.20	-0.01	0.10
Most likely	70%	0.09	0.10	0.07
Recession	10%	-0.05	0.04	0.04

Avg. return
Range

1. What is the average return for each (A, B, and C)?

2. Which is the riskiest investment? A, B, or C Scenario Analysis Probability A exp. return B exp. ret. C exp. ret Boom 20% 0.20 -0.01 0.10 Most likely 70% 0.09 0.10