investment analysis

you are given the following data about expected returns on a security on the lusa where different states of the economy have the same probability of occurrence

QUESTION FOUR You are given the folowing data about expected retums on a security on the LUSE where different states of the economy have the same probability of occurrencs State Retun Strong growth 9.0% Normal growth 6.5% Weak growth 2.5% 4.5 % Recession Required: Compute and fully interpret the following for the investment a) The Expected retum for the security b) The volatility of the security retums using the standard deviation. c) Evaluate the security's performance assuming a benchmark target rate of 3.5 %. [3 Marks] [6 Marks] [4 Marks] d) Explain the rationale behind the security performance evaluation method used in 7 Marks] (c) above. [TOTAL: 20 Marks