Market Condition Probabilit y Asset 1 Asset 2 Asset 3 Rainfall Probabilit y Asset 4 Good 1/4 16 4 20 Plentiful 1/3 16 Average 1/2 12 6 14 Average 1/3 12 Bad 1/4 8 00 8 00 Light 1/3 8 The returns of Assets 1, 2, and 3 depend on the market condition only. The return of Asset 4 depends on rainfall only. Assume that there is no relation between the market condition and rainfall. What's the expected return of Asset 1? A 13% B 11% 14% (D) 12%