Cell for "2" State of the Economy Return on Probability Treasury of Bond in Occurrence Upcoming Year Worst case Poor case Most likely Good case Best case 0.10 0.20 0.40 0.20 0.10 1.00 -0.34 -0.04 0.06 0.16 0.26 Expected return Variance STDEV CV 0.04000 0.02360 0.15362 3.84057 You were provided with the above information about T-bills. Answer the following questions in the paces provided: 1. What does the expected return represent, and how is it calculated? 2. What does STDEV represent? 3. What is the significance of the coefficient of variation? How is it calculated