show excel formulas in calculations and =formulatext or explain

1 Consider the following data for two risk factors (1 (a) Calculate the expected returns for both and 2 ) and two securities ( J and L) : securities. (b) Suppose that Security J is currently priced at 22.50 while the price of Security L is 15.00. Further, it is expected that both securities will pay a dividend of 0.75 during the coming year. What is the expected price of each security one year from now