Scenario1: Consider the following five assets, which have rates of return in six equally likely scenarios:

	Awful	Poor	Medium	OK	Good	Great
Asset P1	-2%	0%	2%	4%	6%	10%
Asset P2	-1%	2%	2%	2%	3%	3%
Asset P3	-6%	2%	2%	3%	3%	1%
Asset P4	-4%	2%	2%	2%	2%	20%
Asset P5	10%	6%	4%	2%	0%	-2%

Q. Calculate the expected return and risk (standard deviation, use excel for this calculation) of all Assets. Based on your calculations, which Asset has the highest expected return and the greatest amount of risk? P1, P2, P3, P4, or P5