What makes for a good investment? Use the approximate yield formula or a financial calculator to rank the following investments according to their expected returns. Round the answers to two decimal places. Do not round intermediate calculations.

1. Buy a stock for $45 a share, hold it for 3 years, and then sell it for $80 a share (the stock pays annual dividends of $3 a share).

   %

2. Buy a security for $20, hold it for 3 years, and then sell it for $60 (current income on this security is zero). Do not round intermediate calculations.

   %

3. Buy a 1-year, 12 percent note for $940 (assume that the note has a $1,000 par value and that it will be held to maturity). Do not round intermediate calculations.

   %

   From highest to lowest return, ranking is as follows: -Select- , -Select- , -Select- . [RANK A,B, AND C FROM HIGHEST TO LOWEST]