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Probability Rates of Return on Stock Stock 1 Stock 2 Stock 3 .20 .24 .16 .02 .25 .18 .12 .07 .30 .10 .08 .10 .15

Probability Rates of Return on Stock
Stock 1 Stock 2 Stock 3
.20 .24 .16 .02
.25 .18 .12 .07
.30 .10 .08 .10
.15 -.01 .04 .13
.10 -.12 .02 .21

Compute the expected rate of return for each of the three stocks.

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