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4. Phan Company Ltd would wish to invest on two projects, ( mathrm{X} ) and ( mathrm{Y} ) at a proportion of ( 0.3,0.5 ),

image text in transcribed 4. Phan Company Ltd would wish to invest on two projects, \\( \\mathrm{X} \\) and \\( \\mathrm{Y} \\) at a proportion of \\( 0.3,0.5 \\), and 0.7 of \\( X \\) and the other proportions being taken up by project \\( Y \\). The annual average returnand probability distribution is as follows; Using suitable computations, advise Phan Company Ltd on the most efficient portfolio to Select for investment 10 Marks

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