The return of 3 assets under the different market conditions: Market Condition Probability Ri R2 R3 Extremely Good 5% 15% 5% 1% Good 20% 10% 2% -1% Average 40% 5% 2% 0% Bad 2% -1% 3% Extremely bad 10% -5% -2% 4% 25% 1. Calculate the expected return and standard deviation of each asset i = 1,..., 3 2. Calculate the covariance and correlation coefficient of each pair of return 3. Plot the expected return and return variance of each asset in a 2D scatter plot (return, standard deviation) 4. Calculate the expected return and variance of the portfolios below: Chapter 2 - Lab 217 Portfolio w W2 W3 equal w. 0.333 0.333 0.333 Port1 0.25 0.25 0.25 Port2 0.8 0.1 0.1 Port3 0.1 0.4 0.5