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 the three assets? How do they compare with investing in asset M alone? Hint: Find the standard deviations of asset M and o portfolio equally invested in assets M, N, and O Data Table (Click on the following icon e in order to copy its contents into a spreadsheet.) Asset M Return States Boom 13% Probability 34% 54% 12% Asset N Return 23% 15% 3% Asset O Return 1% 10% 13% Normal Recession 10% 1% Print Done