Note: this is for a mathematical finance class where we do not use excel to do our calculations. Thank you!

(10 pts) In cach of the following three scenarios find the one-step returns, assuming that K(1)=K(2): Scenario S(0) S(2) 35 41 35 32 35 32. W2 W3 (10 pts) In cach of the following three scenarios find the one-step returns, assuming that K(1)=K(2): Scenario S(0) S(2) 35 41 35 32 35 32. W2 W3