Donot USE EXCEL FOR SOLOUTION Stocks X and Y have the following probability distributions of expected future returns:Calculate the expected rate of return for Stock Y (rX = 12%).%3DProbabilityXY0.390%-35%0.415%0%0.3-60%20%Calculate the standard deviation of expected returns for stock X, SD of stock y=20.35%Now calculate the coefficient of variation for Stock Y.

Here, Probability X Y 0.3 90% -35% 0.4 15% 0 0.3 -60% 20 Expected rate of Return of X…

Stocks X and Y have the following probability distributions of expected future returns: Calculate the expected rate of return for Stock Y (rX = 12%). Probability Y 0.3 90% -35% 0.4 15% 0% 0.3 -60% 20% Calculate the standard deviation of expected returns for stock X, SD of stock y=20.35% Now calculate the coefficient of variation for Stock Y.