Benefits of diversification. Sally Rogers has decided to invest her wealth equally across the following three assets: E: 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 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? % (Round to two decimal places.) i Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) States Asset M Return Asset O Return Boom 6% Probability 32% 46% 22% Asset N Return 24% 16% 4% 14% 12% 6% Normal Recession 12% 14% Print Done