Benefits of diversification. Sally Rogers has decided to invest her wealth equally across the following three assets: $.$ What are her expected returns and the risk from her investment in th three assets? How do they compare with investing in asset M alone? Hint: Find the standard deviations of asset M and of the portfolio equally invested in assets M$,$ N$,$ and O$.$

What is the expected return of investing equally in all three assets $M,N,$ and $O?$

$11\mathrm{.}68\%($Round to two decimal places.$)$

What is the expected return of investing in asset $M$ alone?

$($Round to two decimal places.$)$

Data table

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[$States$,$Probability,Asset M Return,Asset N Return,Asset O Return$],[$Boom$,32\%,14\%,24\%,2\%$