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Consider the following four assets which have rates of return in six equally possible scenarios. Assets Scenarios Awful Poor Mediocre Okay Good Great Asset A

Consider the following four assets which have rates of return in six equally possible scenarios.

Assets

Scenarios

Awful

Poor

Mediocre

Okay

Good

Great

Asset A

-2%

0%

2%

4%

6%

10%

Asset B

-1%

2%

2%

2%

3%

3%

Asset C

-6%

2%

2%

3%

3%

1%

Asset D

-4%

2%

2%

2%

2%

20%

Based on their risk and return characteristics, rank the asset from best to worst to invest in.

Please show the steps of the calculation without using excel

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