Suppose You Are an Investor with a Choice Between Three $\quad$

Suppose you are an investor with a choice between three securities that are identical in every way except in terms of their rates of return and risk.Which investment provides the highest expected return?
Investment A: $\quad$ Total return = 10 percent with probability 50 percent
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Total return = 20 percent with probability 50 percent

Investment B: $\quad$ Total return = 12 percent with probability 50 percent
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Total return = 20 percent with probability 50 percent

Investment C: $\quad$ Total return = 5 percent with probability 60 percent
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Total return = 25 percent with probability 40 percent

Investment D: $\quad$ Total return = 5 percent with probability 60 percent
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$ Total return = 7 percent with probability 40 percent

A) Investment A
B) Investment B
C) Investment C
D) Investment D