PSU FIN 408 FALL 2020 Homework: Homework 4 Score: 0 of 1 pt X Exercise 1.1 Calculate the expected returns for the following two assets: * Asset A pays a return of $2,000 30% of the time and $1000 70% of the time. Asset B pays a return of $1,600 60% of the time and $800 40% of the time. The expected return for Asset A is $ (Round your response to the nearest dollar.)