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 $30 a share, hold it for 3 years, and then sell it for $60 a share (the stock pays annual dividends of $2 a share).

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2. Buy a security for $40, hold it for 2 years, and then sell it for $100 (current income on this security is zero). Do not round intermediate calculations.

   %

3. Buy a 1-year, 5 percent note for $1,000 (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-abcItem 4 , -Select-abcItem 5 , -Select-abcItem 6 .