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Based on the following information, a) Which of the investment has the highest expected return b) which investment has the highest total risk (standard deviation)

Based on the following information,

a) Which of the investment has the highest expected return

b) which investment has the highest total risk (standard deviation)

RATE OF RETURN IF STATE OCCURS
STATE OF ECONOMY PROBABILITY OF STATE OF ECONOMY STOCK A STOCK B STOCK C
Recession 33.33% 7% -2% 5%
Normal 33.33% 10% 0% 11%
Boom 33.33% 15% 3% 20%

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