Benefits of diversitication. Sally Rogers has decided to invedt her wealth equally across the following three assets a. What are her expected retums and the itsk from her investrsent in the three assets? How do they congare with itivesting in assat M alone? Hent Find the stantard devations of asser M and of the portiolio equally invested in assets M.N1 and O b. Could Saly reduce het total risk even more by using assets M and N only. assets M and 0 only, or assets N and O only? Use a 50150 splt between the asset pairs. and find the atandard devition of aach asset pake a. What is the expected retirn of limesting equally in all three assets M,N, and on (Round to two decimal places ) \begin{tabular}{|l|c|c|c|c|} \hline States & Probability & Asset M Retum & Asset NRetum & Asset O Return \\ \hline Boom & 25% & 14% & 23% & 2% \\ \hline Normal & 46% & 11% & 16% & 11% \\ \hline Recession & 29% & 2% & 3% & 14% \\ \hline \end{tabular}