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1. An investor has analysed a share for a one-year holding period. The share is currently selling for Rs. 45 but pays no dividends, and

1. An investor has analysed a share for a one-year holding period. The share is currently selling for Rs. 45 but pays no dividends, and there is a forty-sixty chance that the share will sell for either Rs. 40 or Rs. 50 by the year end. What is expected return and risk? interpret risk in terms of expected returns.

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