You are trying to develop a strategy for investing in two different stocks. The anticipated annual...

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You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $1,000 investment in each stock under four different economic conditions has the probability distribution shown below. Probability 0.1 0.2 0.4 0.3 Economic Condition Returns Stock Y Returns Stock X Recession -80 -150 Slow growth 95 100 Moderate growth Fast growth 30 60 40 40 20 Which stock is riskier to invest in? Hint: Higher standard deviation means riskier. Stock Y: as the standard deviation of annual return is $35 Stock Y: as the expected annual return is $45.39 Stock X: as the expected annual return is $35 Stock X: as the standard deviation of annual return is $67.71 You are trying to develop a strategy for investing in two different stocks. The anticipated annual return for a $1,000 investment in each stock under four different economic conditions has the probability distribution shown below. Probability 0.1 0.2 0.4 0.3 Economic Condition Returns Stock Y Returns Stock X Recession -80 -150 Slow growth 95 100 Moderate growth Fast growth 30 60 40 40 20 Which stock is riskier to invest in? Hint: Higher standard deviation means riskier. Stock Y: as the standard deviation of annual return is $35 Stock Y: as the expected annual return is $45.39 Stock X: as the expected annual return is $35 Stock X: as the standard deviation of annual return is $67.71