Calculate the expected rate of return for each of the financial assets listed in Table 1, and complete the expected return row for Table 1. Based solely on the expected returns, which of the investments appears the best and worst? Discuss the impact on returns for general changes in the economy for CPC, Morely, and EAT.

1 Long-Run State of the Economy 2 Recession 3 Below avg 4 Average 5 Above avg 6 Boom 7 Expected return 8 Variance 9 Std deviation 10 Coef of var (CV) 11 Beta coefficient T Bills T-Bonds CPC Morley EAT NASDAQ Index -13.00% -2.00 Prob 0.1 0.2 0.4 0.2 0.1 4.50% 4.5 4.5 4.5 4.5 10.00%-18.00% 18.00%-13.00% 7-8.00 14 -6.00 10 20 30 17 26-1.00 35-11.00 5 2.23% 0.43 65.8 8.11% 1.42 161.9 12.72% 1.5 1.22 103.4 10.17% 1.23 0.00% 0 0-0.22 1.53-0.77