1. Jowel, the financial manager for Berjayasama Bhd, wishes to evaluate three potential investments: Investment A, Investments B and Investment C. Table 1 shows the expected returns. You have been asked for advice in selecting a portfolio of investments. Probability 0.30 0.50 X Table 1 Investment A Investment B -14% 18% 12% -10% 12% 20% Investment C -18% 10% 14% You have been told that you can create two portfolios - one consisting of Investment A and Investment B and the other consisting Investment A and Investment C by investing equal proportions (50%) in each of the two-component investment. The investment volatility relative to the market (Beta) is 1.2 for Investment A, 0.95 for Investment B and 0.75 for Investment C. (a) What is the expected return for each investment? (6 marks)