p=

1.03 70 300

1.03 120 900

1.03 120 1400

1.03 120 1800

The (i, j) entry of the matrix is the value of the jth asset in Scenario i.

The unit prices of thethree assets are 1, 100, and 1000.

She also estimates the probabilities of the four scenarios to be (.1,.2, .3, .4), respectively.

Compute the expectationmatrix of the asset returns.(Ignore uncertainties associated with the probabilities of the scenarios or the numbers in the

matrix for now.)

I would appreciate to please provide a step by step solution with readable handwriting